6 ms·
GOOG split in early April to create a third class of shares (Class C) that allows the founders to maintain control the company through their shares (Class B) fo
by malay 12y ago
GOOG split in early April to create a third class of shares (Class C) that allows the founders to maintain control the company through their shares (Class B) for the foreseeable future. They had issued so many Class A shares, their 10:1 voting rights were becoming diminished.
Neither company cares about the comparison.