Sentences with phrase «majority share holder»

After four years of operating under the name of Banknorth, Toronto Dominion Bank came into play as the majority share holder.
Change has to come from the top, if the majority share holder doesn't care about results on the field, that filters down through the whole club.
The board sounded very admirable when they said they wanted to do it all themselves and that they didn't want a foreign majority share holder taking control of the club... They felt so strong about this that they made a pact not to sell.
Are AFC owned by a majority share holder who is foreign?
Dein knew we needed investment and that is why Dein got Usmanov interested, he wanted to keep winning but the rest of the board disagreed about how we would have a sole majority share holder.
Under his rival and current majority share holder Stan Kroenke, Arsenal have seen their «business» turn more towards saving money and making big bucks for the American, rather than investing the same money into players that will help the team win trophies.
Assuming Arsenal fans gather a massive protest in UK specifically LONDON, against the majority share holder Satan K. And in favor of Usmanov, do you think it will make any effect?????? Just a taught.
I'm a true gunner, I have been to see them live and never miss a match, use to spend hundreds a year on them until I found out more about Silent Stan and how all his sports teams are cash cows... I have researched our majority share holder, I have paid attention to the appointment of Gazidis and the role he was to then take over.
Dein was forced out and the old board done everything they could to raise the share prices before they all sold, they even made a pact not to let the club be owned by a majority share holder!!!
I will not argue that the team has some players in it which wouldn't have been bought into the team in Wengers early years, this is not Wengers fault, Wenger is a consistent variable here... It is Wengers support from the backroom staff and those are hired and fired by the board which is being lead by the majority share holder Silent Stan.
Dein got forced out by a board that made a pact to not sell to a single foreign majority share holder, they wanted Arsenal to stay a multi-owner club with no individual holding more than 51 % of the shares.
Our majority share holder holds very little passion for the football club with the history that comes with it, the guy who owns walmart isn't exaclty known for doing the right thing over profit.
You are more or less spot on mate, But, I am not of those that point any of the blame on the board or the majority share holder, if anything, Wenger has been given more control of the club since Kroenke took over!
We can look at the pact made by the old board, you know the pact they made not to sell and allow a single foreign majority share holder run the club... The same pact that got threw out the window when enough was offered?
Kroenke has said that earning money is more important than winning trophies as a majority share holder in arsenal, and thus wenger or other managers in arsenal will not get the title - aiming spending pants from the board.
When your majority share holder says he doesn't control a club to win tropheys then you don't need to know more than this.
Even Arsenal majority share holder was happy today seeing his club lifting trophy today.
Forced out by a board that then promised not to sell to a foreign majority share holder... then sets Silent Stan up as majority share holder.
Dein got forced out by profit orientated owners, they bump the share prices up with little actions like promise us fans that they will not sell to a single majority share holder only to turn around and sell to Silent Stan once enough was offered.
The American businessman who is the majority share holder in Arsenal is a «sports» fan not a purely football / soccer fan.
Achieving 1st place is too expensive So Arsenal has been a top 4 sustainable model club since 2009 when Mr Kroenke became majority share holder.
I have just understood that Arsenal's majority share holder — Stan Kroenke, is launching a TV channel, in the UK, dedicated to the blood sport of hunting endangered wild animals such as lions, rhinos and elephants.
If he was the majority share holder I think Wenger would be in a much pressurised job.
That's why we need a new majority share holder, because getting rid of Wenger means setting up a whole new board structure, no one will come in and take all Wenger's responsibilities, and Kroenke won't sanction setting up proper governance.
While Dangote has TALKED about getting shares, Ustmanov has already taken action and tried to buy Arsenal, he got blocked though by the old board when they made that pact to not sell the club into a single majority share holder who was foreign, the foundation of the pact they made and bragged about to us fans.
@reddb10 I guess those Brits who were majority share holders for years weren't supporters either, since they sold their shares to the greedy Yank... lmfao Get real...

Not exact matches

«The merger can not be completed without approval by holders of a majority of the outstanding shares of EMC and an abstention or failure to vote will have the same effect as a vote against the merger.»
In addition, each share of our Class B common stock will convert automatically into one share of our Class A common stock upon any transfer, whether or not for value, except for transfers to existing holders of Class B common stock and certain other transfers described in our amended and restated certificate of incorporation, or upon the affirmative vote of a majority of the voting power of the outstanding shares of our Class B common stock, voting separately as a class.
The affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of E&Y as Walmart's independent accountants for fiscal 2014; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Management Incentive Plan, as amended; and (iv) the adoption of each of the shareholder proposals.
At any meeting at which a quorum has been established, the affirmative vote of the holders of a majority of the Shares present in person or represented by proxy at the meeting and entitled to vote on the proposal at issue is required for: (i) the ratification of the appointment of EY as Walmart's independent accountants for fiscal 2016; (ii) the adoption of a non-binding advisory resolution to approve the compensation of the company's NEOs; (iii) the approval of the Stock Incentive Plan of 2015; and (iv) the adoption of each of the shareholder proposals.
Conversion Rights — All convertible preferred stock will be automatically converted into common stock upon (i) the closing of an underwritten public offering of shares of common stock of the Company at a public offering price per share that provides at least $ 100 million in aggregate gross proceeds or (ii) approval of at least (a) holders of 66 % of the Series A convertible preferred stock, voting as a single class on an as - converted basis; (b) holders of a majority of the Series B convertible preferred stock, voting as a single class on an as - converted basis; (c) holders of a majority of the Series D convertible preferred stock, voting as a single class on an as - converted basis; and (d) the holders of at least a majority of the then outstanding shares of convertible preferred stock (voting together as a single class and not a separate series, and on an as - converted basis).
The Series FP automatically converts to Class B common stock on the affirmative election of the holders of a majority of the outstanding shares of the Series FP.
Conversion of preferred stock occurs automatically and immediately upon the earlier to occur of the closing of a firm commitment underwritten public offering pursuant to an effective registration statement filed covering the offer and sale of common stock in which (i) the aggregate public offering price equals or exceeds $ 25 million, (ii) with respect to the Series F convertible preferred stock only, the public offer price per share of which is not less than one times the original issue price of the Series F convertible preferred stock, (iii) with respect to the Series E convertible preferred stock only, the public offer price per share of which is not less than one times the original issue price of the Series E convertible preferred stock and (iv) with respect to the Series D convertible preferred stock only, the initial public offering price per share of which is not less than two times the original price of preferred stock, or the date specified by holders of at least 60 % of the then outstanding Series B convertible preferred stock, Series C convertible preferred stock, Series D convertible preferred stock, Series E convertible preferred stock, Series F convertible preferred stock and Series G convertible preferred stock, provided however, that in the event that the holders of at least 65 % of the then outstanding shares of holders Series G convertible preferred stock, at least a majority of the then outstanding shares of Series F convertible preferred stock or at least of 65 % of the then outstanding share of Series E convertible preferred stock do not consent or agree to the conversion, conversion shall not be effective to any shares of the relevant series of Series G convertible preferred stock, Series F convertible preferred stock or Series E convertible preferred stock for which the approval threshold was not achieved.
In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..
SHARE director of law and policy Laura O'Neill said the only other directors she knows of who failed to win majority support this year were on the board of Quebecor Inc., where holders of class B subordinate shares voted just 43 per cent in favour of electing the entire board as a slate.
This time though the board I belive got greedy and thats why they made a pact to not sell any more shares and made claims that we would not be in the situation where we have a share holder with the majority.
I think what should be asked, and what is owed to all fans, is why we are always scrimping and saving, when we pay the highest season ticket prices and we have plentiful cash reserves, as witnessed by our majority share - holder being able to whip out the odd 3 - 4million out of it whenever he wants.
Oh the old board got greedy as soon as they seen how much they could get, promising to not sell to a majority foreign share holder and making that pact which yeah... remind the world how true that was.
As long as that dead - weight is majority share - holder we are doomed to mid level mediocrity while having to pay the highest prices in the world to see it.
majority of arsenal stake holders are pensioners who depend on what get from the club so they can not allow wenger to spend more than 10m pounds on any player so that they can see some money to share
NCUA, with the backing of the full faith and credit of the U.S. government, also operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 90 million account holders in all federal credit unions and the majority of state - chartered credit unions.
Each Fund has adopted the following investment restrictions that may not be changed without approval by a «majority of the outstanding shares» of the Fund, which, as used in this SAI, means the vote of the lesser of (a) 67 % or more of the shares of the Fund represented at a meeting, if the holders of more than 50 % of the outstanding shares of the Fund are present or represented by proxy, or (b) more than 50 % of the outstanding shares of the Fund.
The liquidation will not be put to a shareholder vote as «the affirmative vote of holders of a majority of all outstanding shares of our Class A Common Stock is required.
The bylaws of the Trust provide that a majority of shares entitled to vote shall be a quorum for the transaction of business at a shareholders» meeting, except that where any provision of law, or of the Declaration of Trust or of the bylaws permits or requires that (1) holders of any series shall vote as a series, then a majority of the aggregate number of shares of that series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series, or (2) holders of any class shall vote as a
Max India, the parent company and majority stake holder in Max India Life Insurance, has witnessed a 1 % rise in its share prices after a huge block deal was executed in the share market.
Max India, the majority holder in the private non-bank life insurer Max Life, witnessed a plunge in its share prices subsequent to the group's demerger into three separate entities.
Furthermore, since even Bitcoin users that are critical of the new project received a share of BCH, it's no stretch to assume that the majority of BCH holders are fine with «Bcash» or even prefer it.
The agreement is subject to the affirmative vote of the holders of a majority of the outstanding shares of Realogy, antitrust and insurance approvals, and other customary closing conditions, the company says.
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