A. No. Since it went public in 2004, Google's founders have emphasized the need for long-term governance. The founders note that it took three years for the first phones based on Google's Android operating system to come out and another three years for the system to reach critical mass. Stock splits allow smaller investors to buy shares, but in this case, the move is driven more by a desire to retain control and less by shareholder pressure. A. Existing shareholders must approve the plan at Google's annual stockholder meeting on June 21. Because Page, Brin and Schmidt control the majority of votes, it's expected to pass.
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