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Shareholders Uphold Ford Family Shares Again
Ford Motor Co. shareholders have again rejected a proposal that would reduce the Ford family’s 40% voting control of the company.
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Ford Motor Co. shareholders have again rejected a proposal that would reduce the Ford family’s 40% voting control of the company.
The question of the Ford family’s special Class B shares has come up virtually every year for decades. This year’s measure was voted down by a 63% margin, about the same as in 2015.