LAWS 3201 Lecture Notes - Lecture 8: Financial Statement, Warren Buffett, Berkshire Hathaway
24 Mar 2017
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Important: you want to run the business, one day you will be on the board of directors. If you have no votes, you are a nobody in business because you have no influence. Those that have the votes will elect directors and run the business: can"t own more than 10% of shares of a bank. In the coming weeks uk requesting to separate itself from the european union: will balance out assets, general electric, has the most assets, merging because they are putting 20-30% in a business venture, going in to go out. The board of directors get to declare dividends, entitled to participate in a liquidation distribution, entitled to receive notice of a meeting of shareholders: conrad black. Black: don"t want something like this in your company, squeeze them out. List of shareholders entitled to receive notice of meeting: voting list, quorum.
