The U.K. soccer giant chose Singapore for its $1 billion IPO so it could have a dual-share structure—one with voting rights and one without—that enables its owners to effectively retain control of the team.
WSJ.com: What's News US, Wall Street Journal
Mon, 08/29/2011 - 7:31am
The U.K. soccer giant chose Singapore for its $1 billion IPO so it could have a dual-share structure—one with voting rights and one without—that enables its owners to effectively retain control of the team.