Voting rights:
Notice in my post, it says preferred stocks “usually” don’t have voting rights. When it says usually, that means it is possible depending on the designation of such voting rights to a class of preferred stock. That’s where BigBadWolf is right that it can have voting rights. At this point, we don’t know whether or not the new classes of preferred stocks will have voting rights as it’s not mentioned yet (or until we see the terms and conditions on DA).
The problem with some people jump with guns to attack without looking at the big picture and consider the perspectives.
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