Zuckerberg’s Wealth Tax Concerns Shaped Meta’s Stock Overhaul
· theinformation.com
Meta Platforms’ decision to revamp its stock structure was shaped by factors including expectations that the company could have to raise hundreds of billions of dollars in coming years and concerns that a proposed wealth tax in its home state of California could prompt Chief Executive Mark Zuckerberg to move away, according to a regulatory filing. Under the restructuring, announced Wednesday
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