Business, 13.12.2019 18:31 Booksy6490

Betty owns 100 shares of megacorp, inc., which she bought in megacorp’s initial public offering of 10,000 shares. megacorp makes a new issuance of 10,000 shares. according to her stock certificate, and as noted in the articles of incorporation and bylaws of megacorp, inc., betty is entitled, but not required, to buy another 100 shares at the time of the new issue. this is an example of which are intended to allow shareholders to maintain their proportionate ownership interest in the corporation

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Betty owns 100 shares of megacorp, inc., which she bought in megacorp’s initial public offering of 1...