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Facebook sets up dual stock; says no to listing

China Daily | Updated: 2009-11-26 07:59

Facebook sets up dual stock; says no to listing

The company didn't say which executives and employees would get the shares with the higher voting power. Bloomberg News

NEW YORK: Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company.

Facebook sets up dual stock; says no to listing

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