ZD has an article which says that some investment group is seeking to have a resolution voted on which would essentially make the Class A stock and the Class B stock "equals" in terms of voting power. The theory being that the Class B stock, which is only held by three top Google executives, holds far more voting power than is accounted for in actual shares held.
Now, here's the kicker, the article points out, "By their ownership of 86,753,907 shares of Class B common stock, three of the company's executives (Eric E. Schmidt, Larry Page and Sergey Brin) controlled 66.2 percent of the total voting power of all the company's shares...even though they owned only 31.3 percent of the total shares outstanding," the proposal says, according to Google's filing with the U.S. Securities and Exchange Commission.
So, wait... they have 66.2% of the voting share? How the hell does this investment group expect this referendum to pass? "Yes, I'd like to give up my control of the company voluntarily"? Seriously, even if every single shareholder except the top-three voted for it, it would still only be 33.8% of the votes, a clear minority.
Weird the way people will waste their time on fruitless pursuits.
Would they even have a quorum?