In 2015, less than a year after retiring as CEO of convenience store giant Alimentation Couche - Tard, the executive chairman, along with his three co-founders, put forward a resolution to extend their time - limited voting control — the group holds 22 % of the company's equity — to ward off
any future takeover attempts.
Not exact matches
But LSE Chief Executive Clara Furse, who has rejected five
takeover attempts in two years, remained tightlipped about
future avenues of growth.
The
attempted takeover was made possible by a highly disputed new law called Parent Trigger, which allows half - or - more of parents at any failing school (as designated by the U.S. Department of Education) to make major decisions about its
future.
These demands have helped open the door to an
attempted Wall Street
takeover of the companies» assets and
future profits.