Lyft’s high profile IPO has revived the debate about unequal share rights
Thursday 04 Apr 2019 Author: Steven Frazer
One share, one vote remains one of the bedrocks of UK stock ownership yet the debate on so-called dual-class listings could heat up once again in the wake of the US stock market debut of ride-hailing company Lyft last week. San Francisco-based Lyft is a rival of Uber, the better known of the two gig economy start-up Unicorns that have grown into multi-billion dollar businesses. Lyft raised $2.3bn of...