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You represent a minority group of shareholders with 2

Question: You represent a minority group of shareholders with 2 representatives on the corporation's 9-member board of directors. Cumulative voting has enabled you to obtain such representation. Directors serve a 3-year term, and it is being proposed that elections to the board be staggered, with 3 positions to be filled each year. What is your reaction and why?

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Finance Basics: You represent a minority group of shareholders with 2

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