Sentences with phrase «controlling shareholder»

Maybe the prospect of these suits will spur controlling shareholders and insiders to treat minority shareholders more fairly.

So we are not changing how minority shareholders are being protected, we are simply opening the door to allow different ways for controlling shareholders to establish control.

Sought $ 50 billion of damages from the Russian Federation on behalf of former controlling shareholders of Yukos, the largest potential award in arbitral tribunal history

If both spouses are equal controlling shareholders in the family business, this will not be affected by divorce and the spouses may have to continue as business partners post-separation.

In addition to the battle for control, which has pitted Dauman against 93 - year - old controlling shareholder Sumner Redstone and his daughter Shari, the company said that advertising sales have been weak, and they are expected to be down by 4 % for the quarter.

But after almost 30 years as controlling shareholder of the media giant, the 92 - year - old's time on the throne is coming to an end, and that has set in motion what promises to be an epic battle for control.

Michel Combes, Sprint's chief financial officer, will take the top job on May 31, replacing CEO Marcelo Claure, who will become chief operating officer at Sprint's controlling shareholder SoftBank Group Corp and executive chairman of Sprint.

When GMI combed its company files to compile the list, it found that directors at seven of the 10 troubled companies it examined were elected by controlling shareholders who were either owners, managers, or both — so they did not meet the definition of an independent director.

A Delaware court ruled in favor of IAC / InterActiveCorp chief Barry Diller on Friday in a legal dispute with controlling shareholder Liberty Media, paving the way for him to proceed with a proposed spin - off of four company units.

International arbitration is a Shearman trademark, and during the time of our research it was fighting for the largest potential award in arbitral tribunal history, a whopping $ 50 billion from Russia on behalf of former controlling shareholders of bankrupt oil giant Yukos.

Although Desmarais transferred executive control to sons Paul Desmarais Jr. and André Desmarais in 1996, he remained controlling shareholder and head of the executive committee.

Shares swung on Thursday after a court ruling that favors controlling shareholder Shari Redstone.

The end - game now appears to be here with a possible EUR 0.25 bid per share (up from EUR 0.22) from controlling shareholder, Cemex (CX: US).

BERLIN, May 2 - Volkswagen's labour leaders should focus on staff - related matters and not get involved in other aspects of management, the head of the carmaker's controlling shareholder group was quoted as saying on Wednesday.

He says since Tesla's shares are under the influence of a large controlling shareholder, namely Musk, you shouldn't read too much into its stock movements.

CDW is a one share, one vote company, unlike many tech companies including Facebook, Zynga, and Google, whose controlling shareholders make most of the decisions.

The Globe and Mail also has a recent story on Facebook that focuses on the young founder and controlling shareholder Mark Zuckerberg.

The ownership structure of the technology provider has been changed with a new controlling shareholder.

Dual - class share structures, which give controlling shareholders more than one vote per share or designate some shares as non-voting, are particularly unpopular among governance wonks and institutional investors.

South Korean family - run business empires like Samsung Group have a reputation for low dividend payouts and other governance practices that favour controlling shareholders at the expense of ordinary investors.

The unusual structure comes as JBS, the world's No. 1 meatpacker, struggles with the aftershock of a corruption investigation ensnaring controlling shareholders Wesley and Joesley Batista.

Sleep Country used to be an income trust before it was acquired by a private equity firm, while Cara's controlling shareholders took the chronically underperforming restaurant operator private in 2004 to clean it up.

The personal commitment from Imperial's controlling shareholder helped halt the stock's free fall.

• Trilantic North America recapitalized Traeger Grills, a Salt Lake City, Utah - based wood pellet grilling company, with a new majority control shareholder, AEA Investors.

GM does not have a single controlling shareholder, and its top investor is Brock Capital Group with an 8.7 percent stake.

Those plans were blocked by controlling shareholder Martha Billes and Ackman eventually gave up and sold his shares in the company.

The merger agreement was brought today to Natural Resource's board of directors, headed by controlling shareholder Roy Sebag, for approval.

To add insult to injury, the company was eventually a «take - under,» where control shareholders bought it out at a price even below that.

The deal saw Nicola Volpi — a partner in European private equity group Permira — acquire shares in the iconic car maker from founder and controlling shareholder Horacio Pagani for an undisclosed sum.

From inception, the original director and controlling shareholders through hard work and effort built up the sale business relatively swiftly both organically and by acquisition into an international business, in the process moving production back to the UK from Pakistan.

In Mitchell two controlling shareholders caused a corporation to fraudulently divert funds owing to another company.

Its sole shareholder is the ultimate controlling shareholder of Bracell.

Started in 1971 by controlling shareholder William Colson, the company built a reputation as a quality developer and operator of moderately priced apartments for independent seniors.

Roy Sabag, controlling shareholder in the company and its CEO, announced recently that after the merger with Backbone Hosting Solutions was completed, he would be replaced as CEO by Wes Fulford, who was recently named CEO of the Canadian company.

But the deep - pocketed firm already has a big stake in the industry as controlling shareholder of publicly held Brookdale Senior Living Inc. (NYSE: BKD), which has been on a buying binge.

On Thursday, Viacom CEO Philippe Dauman was named chairman — despite the public opposition of Shari Redstone, who happens to be Viacom's vice-chairman and daughter of ailing billionaire and controlling shareholder Sumner Redstone.

Sumner even so much as designated her as his successor, saying in a Wall Street Journal story two years ago that she would likely take over as controlling shareholder «after I'm gone.»

Son, founder of Sprint's controlling shareholder SoftBank, is «not involved at all» in efforts to complete the $ 26 billion all - stock deal, Claure told Reuters in a phone interview.

(Companies with controlling shareholders are not required to adhere to such rules.

In remarks last week, controlling shareholder Shari Redstone alluded to the importance of scale when asked about merging CBS and Viacom.

Large controlling shareholder.

The company, whose controlling shareholder is Vingroup, Vietnam's biggest conglomerate, sold nearly 397 million shares at 40,600 dong ($ 1.79) each.

The Globe and Mail also has a recent story on Facebook that focuses on the young founder and controlling shareholder Mark Zuckerberg... [more]

BERLIN, May 2 (Reuters)- Volkswagen's labour leaders should focus on staff - related matters and not get involved in other aspects of management, the head of the carmaker's controlling shareholder group was quoted as saying on Wednesday.

And in this case, the eye doing most of the blinking belongs to Viacom's controlling shareholder, 93 - year - old billionaire Sumner Redstone.

So Viacom's new chairman is not only unloved by some large shareholders, but also unloved by his own vice-chairman, the daughter of the company's controlling shareholder and one of the people who will direct Redstone's assets after his death.

• Sprint (NYSE: S) and its controlling shareholder SoftBank have started preliminary conversations to merge with T - Mobile US (Nasdaq: TMUS), according to Bloomberg.

Murdoch is still the controlling shareholder of the media company, which separated last year from its news business News Corp..