What percentage of the total votes do the wrigleys control

Reference no: EM131421021

The William Wrigley Jr. Company is the world's largest maker of chewing gum. The CEO is William Wrigley, Jr., the son of the founder. Wrigley has two classes of shares: common and class B stock. In 1995, there were 91.2 million shares of common stock outstanding, entitled to one vote per share; there were also 25.1 million shares of class B stock outstanding with 10 votes per share. The Wrigley family owns directly or through trusts about 22.1 million shares of common stock and about 12.9 million shares of class B stock. What percentage of the total votes do the Wrigleys control?

Reference no: EM131421021

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