The Traderszone Network

Published in TZ Latest News 24 September, 2017 by The TZ Newswire Staff

Good News for Investors: Facebook Drops Shareholder-Unfriendly Stock-Split Plan

It’s official: Facebook (NASDAQ: FB) has decided to drop its controversial plan to split its stock. A controversial move from last year had been designed to allow Mark Zuckerberg to retain control over the company, even as he plans to give away 99% of his Facebook holdings throughout his lifetime for philanthropic purposes through the Chan Zuckerberg Initiative.

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