You do that, it triggers a stock split.
His shares double in voting power.
I never really got that. Ostensibly, if you own 20% of the stock just before the split, you own 20% of the stock just after the split. What am I missing?
it sounds like they are describing something akin to a "poison pill". In these arrangements, the "pill" is triggered by some predefined condition, say a party acquiring shares in excess of a defined threshold. What typically happens is that shareholders other than the ones who triggered the pill get a chance to buy shares at a substantial discount, thereby diluting the shares of the party that triggered it. Because the other shareholders have to buy their additional shares, albeit at a discount, and because it applies only to certain shares, it's not really a split, but it's close enough that the writers of the show may have felt it was worth using the term that is more familiar to the public.
Guess: So was Rachel Zane talking about a poison pill? If so what were the details in the series that support such? If not what was going on then?