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Meta creates a new stock class to keep Zuckerberg in control

Meta
Business Insider Fews App News Provider
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Meta wants to continue its "founder-led model" — so it's creating a new stock class. Bloomberg/Getty ImagesMeta established a new class of stock to ensure Mark Zuckerberg stayed as CEO. The stock class will "continue the founder-led model that has driven the company," Meta said in its third-quarter earnings.

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