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Constellation Brands stockholders have approved and adopted the plan to eliminate the company’s ‘Class B’ shares and move to a “one, share, one vote” organisational structure.
The move will reduce the voting power of the Sands family from 60% control to 16%.
Constellation Brands stockholders have approved and adopted the plan to eliminate the company’s ‘Class B’ shares and move to a “one, share, one vote” organisational structure.