Complex sentence: The family did not own supervoting stock as do many publicly traded companies with family affiliations, and the board did not employ the common takeover defense tactic of staggering its board of directors terms (the AB board was re-elected each year).
Split into simpler sentences: The family did not own supervoting stock, as do many publicly traded companies with family affiliations. The board did not employ the common takeover defense tactic of staggering its board of directors terms (the AB board was re-elected each year).