Delaware lawmakers to vote on corporate bill critics call giveaway to billionaires [Yahoo! Finance Canada]

Meta Platforms, Inc. - Class A (META)
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Source: Yahoo! Finance Canada
The bill has already been approved by the Delaware Senate and Governor Matt Meyer said he will sign it. The bill mostly impacts companies with a controlling shareholder, like Meta Platforms, which is controlled by Zuckerberg. The proposal provides steps for arranging deals between a company and its controlling shareholder, such as selling corporate assets to the controller, that cannot be challenged in court by the company's other investors. It also applies to deals between the company and board members and executives. Leaders of both parties sponsored the bill in the hopes of preventing "DExit" -- or a stampede of companies moving their legal home out of one of the country's smallest and least populated states. While other states are trying to attra
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META
Earnings
- 1/29/25 - Beat
META
Sec Filings
- 3/27/25 - Form 4
- 3/26/25 - Form 4
- 3/25/25 - Form 144
- META's page on the SEC website