Google Inc. shareholders today defeated a shareholder proposal calling for the end to its dual-class structure, which gives certain shareholders greater voting rights, according to results announced at the annual meeting of the Mountain View, Calif., company. The proposal, sponsored by the $1.3 billion Bricklayers and Trowel Trades International Pension Fund, Washington, would have provided for all stock to have one vote per share.
No tally of the vote was announced at the meeting, held at the company's corporate headquarters, other than that a majority of shares were voted against the proposal.
