Class of Stock

• Hyatt to Repurchase 8,987,695 Shares of Class B Common Stock.

CHICAGO -- Hyatt Hotels Corporation (NYSE: H) has agreed to repurchase 8,987,695 shares of Class B common stock for $44.03 per share, which represents...

• Business Wire
• May 16, 2011

• Neustar Launches Modified Dutch Auction Tender Offer to Purchase up to $250 Million of Its Class A Common Stock.

STERLING, Va. -- NeuStar, Inc. (NYSE: NSR) ("Neustar") announced today the commencement of a modified "Dutch auction" tender offer to purchase shares ...

• Business Wire
• November 03, 2011

• Avoiding S corporation debt obligations that are a second class of stock.

[ILLUSTRATION OMITTED] UNDER CERTAIN CIRCUMSTANCES, DEBT owed by an S corporation to one or more shareholders will be a second class of stock. An ob...

• The Tax Adviser
• Vol. 40 Nbr. 8, August 2009

• 17 CFR 270.18f-2 - Fair and equitable treatment for holders of each class or series of stock of series investment companies.

• Code of Federal Regulations - Title 17: Commodity and Securities Exchanges

• Icon Merger Sub, Inc. Extends Expiration Date of Offer to Purchase All Outstanding Shares of Class a and Class B Common Stock of Playboy Enterprises, Inc.

LOS ANGELES -- Icon Acquisition Holdings, L.P. ("Purchaser") today announced that its wholly owned subsidiary, Icon Merger Sub, Inc. ("Sub"), has exte...

• Business Wire
• February 23, 2011

• Managerial Bonding and Stock Liquidity: An Analysis of Dual-Class Firms

Given the decision to create a second class of stock through a dual-class structure, we propose that management is more (less) likely to create a liquid secondary market for both classes of shares the lower (higher) its willingness to tie its personal wealth to firm performance. If market makers recognize this relation, they should assign a higher likelihood to trades motivated by superior information in shares of firms that list both classes of stock and a lower likelihood for firms that list only one class of stock pursuant to recapitalization. Additionally, they should assign a lower likelihood to trades motivated by superior information in shares of IPOs that choose a dual-class structure and list only one class relative to IPOs that remain single-class. Our empirical tests based on...

• Journal of Economics and Finance
• Vol. 28 Nbr. 1, April 2004

• Evercore Partners Announces Offering of its Class A Common Stock.

NEW YORK -- Evercore Partners Inc. (NYSE: EVR) announced today that the company and certain of its stockholders have commenced a public offering of an...

• Business Wire
• June 13, 2011

• One class of stock requirement: final regulations.

A provision in the tax code stipulates that an S corporation cannot have more than one stock. This simplifies the structure of the corporation. The code also stipulates that a corporation has only one class of stock if the stocks of that corporation have similar distribution and liquidation rights. A corporation's governing provisions, such as its articles of incorporation and charter, defines the nature of the stocks of a corporation.

• The National Public Accountant
• Vol. 37 Nbr. 10, October 1992

• S stock call options as a second class of stock.

An S corporation can have only one class of stock; if a second class of stock exists, a corporation's S election will terminate. The second-class-of-s...

• The Tax Adviser
• Vol. 38 Nbr. 10, October 2007

• No second class of stock.

The Fifth Circuit Court of Appeals rejected an S corporation owner's argument that the corporation's payments to her father, one of the company's foun...

• Journal of Accountancy
• Vol. 207 Nbr. 6, June 2009