[yay_cloud]

I think it's important for people to realize that this is NOT a dividend scenario. No GOOG investor will gain value because of this transaction -- in fact, each GOOG investor will lose value (voting power) because of this transaction.

[dpark]

Each owner of GOOG will have exactly as many votes after this "dividend". They will not be negatively affected. New employees and acquisitions will be negatively affected by receiving stock sans voting rights, though.

[fletchowns]

each GOOG investor will lose value (voting power) because of this transaction

Even though these new shares are non-voting shares?