Reference no: EM133296683
Question:- Why is the bid-ask spread a transaction cost?
A. Common Shares
1. The Stock Market and IPOS
2. Legal Aspects of Share Ownership
3. A Note on the P/E Ratio and "Multiples"
B. Preferred Shares
1. Structural Issues (The Terms of the Deal)
Certificate of Designation of Terms of 6.75% Non-Cumulative Preferred Stock
2. Fiduciary Duties to Preferred Shareholders
Marilyn Jedwab, Plaintiff, v. Mgm Grand Hotels, Inc., Tracinda Corporation, Kirk Kerkorian, James D. Aljian, Alvin Benedict, Fred Benninger, Barrie K. Brunet, Cary Grant, Peter M. Kennedy, Frank E. Rosenfelt, Bernard J. Rothkopf, Walter M. Sharp, Robert Van Buren, Bally Manufacturing Corporation, and Bally Manufacturing Corporation International, Defendants