Sentences with phrase «majority owner»

The phrase "majority owner" refers to a person or entity that owns more than half of a company or property. They have the largest share or control in a business or asset. Full definition
Also majority owner of major hockey team for 16 years.
This post explores ways minority investors may secure a buy - sell agreement with majority owners even after the investors acquired their minority ownership interest in the business.
These experts are engaged to determine the scope of wrongdoing by majority owners and assess the value of the minority - held ownership interest in the business.
If so, u should have demanded the same from current majority owner.
Now if the billionaire majority owners can absorb the loss, well, that makes things kind of rosy.
Businesses with majority owners pose the largest risk of default when things go wrong.
I've been in positions where I and all other minority shareholders have zero weight but majority owners don't turn the screw.
Mr. Gray began his career as a sales representative in «93, by «98 he was promoted to General Manager, took over as President in «00, and became majority owner in «07.
Following the Times piece, Southern California Public Radio's AirTalk broadcast an interview featuring Lorraine Shanley, president of the consulting firm Market Partners International, and Len Vlahos, a 30 - year book industry veteran, who recently left his position as executive director of the Book Industry Study Group to join the management team of Denver's Tattered Cover Book Store, where he and Kristin Gilligan, his wife, will become majority owners in 2017.
Alwaleed, who serves as majority owner and chairman of the Kingdom Holding Company, is also a significant investor in News Corp, Citigroup, and the Four Seasons Hotels and Resorts.
David Ornstein and John Cross have come out within the last few hours to signal that their sources have indicated Arsene Wenger's walked out of the Arsenal Board meeting, and private meetings with majority owner Stan Kroenke, with a freshly - signed two - year contract extension, and that an announcement from the club and manager will come tomorrow.
Our experience in handling buyout negotiations for majority owners of private Texas companies in many different industries allows us to provide our clients with creative business approaches that facilitate the purchase of the minority - held interest.
And yet, private company investments can also be notably high - risk endeavors, the company is generally not as regulated; it may be controlled by majority owners who are unscrupulous and if investors are not careful, they may find themselves locked into ownership in the business with no exit — no way to monetize their illiquid interest in the company.
On Sunday, T - Mobile and Sprint proposed merging, after Sprint majority owner SoftBank Group agreed to cede control of the combined company to T - Mobile's parent, Deutsche Telekom.
T - Mobile majority owner Deutsche Telekom and the rest of the T - Mobile shareholders will own the remainder.
A cautionary note: The annual report states that a new majority owner of the firm might not be able to use all of the tax loss carryfowards.
However, buying an annual subscription to MoviePass is a bit of risk for another reason, as well — the company is burning through cash extremely fast, and has only been able to hang on through continued investments from majority owner Helios and Matheson Analytics Inc..
The Winklevosses are also majority owners in Gemini, a virtual currency exchange they founded after realizing how difficult it was to buy and sell bitcoin.
XShares of Weibo (WB) and majority owner Sina (SINA) sold off sharply Thursday on the stock market today, amid reports that Chinese regulators are ordering a halt to Weibo and two other platforms from video and audio streaming.
«the main culprit behind Arsenal 13 seasons failure to win the EPL title is no other person than the Arsenal majority owner, Stan Kroenke.»
The purchase from private equity firm Insight Venture Partners, OverDrive's majority owner since 2010, is scheduled to close in April.
The pact calls for HP Enterprise to remain majority owner of the new company.
Sprint majority owner SoftBank is now willing to cede control of the combined entity.
Reuters, citing unnamed sources, reported Friday that SoftBank Group Corp, which controls Sprint, would own 40 percent to 50 percent of the combined new company, which would be dominated by T - Mobile majority owner Deutsche Telekom.
Minority shareholders remained without access to a buyout remedy under Texas law, which resulted in minority owners pursuing traditional claims against majority owners, as well as seeking relief under more novel causes of action.
Winstead Business Divorce lawyers assist private company majority owners in all of the following types of conflicts that arise with minority investors.
Winstead Business Divorce attorneys assist majority owners of Texas private companies in a variety of ways, including when conflicts arise with minority investors in the business.
Meridian develops and finances TV / film projects in the Chinese market and is the controlling majority owner of United Entertainment Partners, one of China's largest film distributors whose hits include the wildly successful Wolf Warrior 2.
The New York Times reports that Ulukaya announced on Tuesday that every full - time employee of the yogurt company would receive an ownership stake — and the portion of the company now owned by employees comes directly from majority owner Ulukaya's own shares.
The decision comes almost nine months after Suniva Inc., a bankrupt U.S. module manufacturer with a Chinese majority owner, sought import duties on solar cells and panels.
In addition to securing Sawiris» backing, Lacavera was forced to recapitalize Wind in 2014 when its then majority owner, VimpelCom, sold its stake following a dispute with the Canadian government.
• Pearson (LSE: PSON) is set to raise $ 1 billion from the sale of a 22 % stake in Penguin Random House, a U.K. - based book publishing company, to majority owner Bertelsmann.
In a news release about the new TV channel, founder and majority owner Michael Bloomberg said, «Canada is a vital market for us.»
It was certainly a win for majority owner Brookfield Asset Management, which had restructured Ainsworth after the latter's brush with bankruptcy in 2008.
• Trump Organization employees refused to vacate the premises after being fired by the hotel's majority owners on Tuesday.
This week, Solus Alternative Asset Management LP accused Alden Global Capital — the increasingly maligned majority owner of Digital First Media — of «possible mismanagement...
It did not disclose financial details of that deal, though Reuters at the time reported that the company's previous majority owner, buyout firm Summit Partners, was seeking a valuation for the company of more than $ 700 million, including debt.
Mainz - based BioNTech has yet to make a profit and has been bankrolled for the past decade by majority owners Thomas and Andreas Struengmann, who sold their generic drugs business Hexal to Novartis (NOVN.S) in 2005.
While the AAF has not disclosed how much capital it has raised in the early going, among those who are funding the effort include Barstool Sports majority owner The Chernin Group, Peter Thiel's Founders Fund (Facebook, Lyft, Space - X) and the tech fund Slow Ventures, which boasts an investment portfolio that includes the likes of Pinterest, Slack and Blue Bottle Coffee.
NEW YORK (Reuters)- Viacom Inc's board of directors named Chief Executive Officer Philippe Dauman as executive chairman, replacing majority owner Sumner Redstone, overriding calls for an independent board chief from Redstone's daughter, who voted against Dauman.
Viacom (VIAB.O) announced on Thursday that the ailing 92 - year - old Redstone was becoming chairman emeritus, a day after CBS Corp (CBS.N) said Redstone, also the CBS majority owner, was stepping down as executive chairman and being replaced by CEO Leslie Moonves.
Echelon president and majority owner Alexey Markov said in an email to Reuters that he is required to report any vulnerabilities his team discovers to the Russian government.
Imperial Oil Ltd. and majority owner ExxonMobil Corp. have put their Horn River gas properties in the north - western-most corner of B.C. up for sale.
To get there, Wormtown is adding 4,500 sq. ft. of fermentation space to it headquarters, Wormtown majority owner David Fields told MassLive.
Majority owner very happy to make $, that is all that counts for him, a win is just a plus to get fans to purchase more sheit.
Meanwhile, majority owner Bruce Levenson plans to sell the team after a racially insensitive email he sent to other members of the organization two years ago was discovered during an investigation triggered by Ferry's comments.
Club majority owners Suning Group have suggested there will be no spending in the winter mercato.
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