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Is a Football Team Own by Fans.........
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<blockquote data-quote="PWT" data-source="post: 759715" data-attributes="member: 1506"><p>Green Bay Packers, Inc Shareholder rights. </p><p><span style="font-size: 18px"><strong>"Shareholder rights</strong></span></p><p>Even though it is referred to as "common stock" in corporate offering documents, a share of Packers stock does not share the same rights traditionally associated with <a href="https://en.wikipedia.org/wiki/Common_stock" target="_blank"><u>common</u></a> or <a href="https://en.wikipedia.org/wiki/Preferred_stock" target="_blank"><u>preferred stock</u></a>. It does not include an <a href="https://en.wikipedia.org/wiki/Equity_(finance)" target="_blank"><u>equity</u></a> interest, does not pay <a href="https://en.wikipedia.org/wiki/Dividends" target="_blank"><u>dividends</u></a>, cannot be traded, and has no securities-law protection. It also brings no season ticket purchase privileges. All shareholders receive are voting rights, an invitation to the corporation's annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise.<a href="https://en.wikipedia.org/wiki/Green_Bay_Packers,_Inc.#cite_note-WSJ_Worst_Stock-4" target="_blank"><u>[4]</u></a> Shares of stock cannot be resold, except back to the team for a fraction of the original price. While new shares can be given as gifts, transfers are technically allowed only between immediate family members once ownership has been established."</p><p></p><p>source: packers.com</p></blockquote><p></p>
[QUOTE="PWT, post: 759715, member: 1506"] Green Bay Packers, Inc Shareholder rights. [SIZE=5][B]"Shareholder rights[/B][/SIZE] Even though it is referred to as "common stock" in corporate offering documents, a share of Packers stock does not share the same rights traditionally associated with [URL='https://en.wikipedia.org/wiki/Common_stock'][U]common[/U][/URL] or [URL='https://en.wikipedia.org/wiki/Preferred_stock'][U]preferred stock[/U][/URL]. It does not include an [URL='https://en.wikipedia.org/wiki/Equity_(finance)'][U]equity[/U][/URL] interest, does not pay [URL='https://en.wikipedia.org/wiki/Dividends'][U]dividends[/U][/URL], cannot be traded, and has no securities-law protection. It also brings no season ticket purchase privileges. All shareholders receive are voting rights, an invitation to the corporation's annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise.[URL='https://en.wikipedia.org/wiki/Green_Bay_Packers,_Inc.#cite_note-WSJ_Worst_Stock-4'][U][4][/U][/URL] Shares of stock cannot be resold, except back to the team for a fraction of the original price. While new shares can be given as gifts, transfers are technically allowed only between immediate family members once ownership has been established." source: packers.com [/QUOTE]
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