Assented Stock
  
So, you own stock in a company, and that company is going to be taken over. If you are in favor of the takeover, and have agreed to the terms on the table, you hold assented stock. If you say "oh no" to the proposed terms of the takeover and the offer you’re given, you hold non-assented stock.
The offers on the table for assented and non-assented stock may not be the same. Usually, the price offered for assented stock is greater because there is kind of a "control premium" value embedded in it.
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Finance: What is non-voting stock?4 Views
finance a la shmoop- what is non-voting stock? hmm well it's stock that doesn't
vote. bet you're shocked to hear that. most people need a PhD in finance to [stock wears an "I didn't vote" sticker.
understand that notion. but really that's it in most cases common stock carries
with it the right to vote. and in fact it's the common shareholders who elect
the board of directors. but every now and then a potentially hostile investor
comes along and buys or wants to buy a big chunk of stock in a company. well the
amount might be a block large enough to elect that potentially hostile investor
slate or the group of people that investor wants to place on the board to
represent her evil intentions .when that happens companies will often create a
class of common stock similar in every way to its normal common only with its [stock checklist of privileges listed]
voting rights stripped away .that way the investor can own an economic interest in
the company but not monkey with the board.
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