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Finance & Markets

Meta Creates Nonvoting Stock To Help Zuckerberg Pay California Billionaire Tax

(RTTNews) - Meta Platforms Inc. (META) has approved a new class of non-voting stock that could allow CEO Mark Zuckerberg to raise billions of dollars to cover a potential California wealth tax without surrendering his majority voting control.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

Read the original at nasdaq.com →

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