Sentences with phrase «majority shareholder in the company»

Of course, in the eyes of the attorneys for the Winchester Repeating Arms Company, he's the best candidate to assess whether or not the majority shareholder in the company is mentally fit to retain her control.

Freshfields and Kirkland & Ellis are advising on House of Fraser's restructuring, with Chinese retail conglomerate C.banner set to become a majority shareholder in the company.

Schorsch remains a majority shareholder in the company.

Not exact matches

Since investors are apparently clamoring to get involved in the Westworld business and the company's majority shareholder is astronomically wealthy, we will assume that Westworld's profit margin should be similar.

«Through a series of intragroup financial and commercial agreements, the majority shareholders group implemented a policy that resulted in draining, to its own benefit, the treasury and the wealth of the joint company,» Gecamines said in a statement.

Earlier this month, China Daily reported that Alibaba was in discussions to acquire SCMP Group, the company that publishes the South China Morning Post, from majority shareholder Kerry Group, a Malaysian conglomerate.

When Sonntag was leaving Monsanto in 2003, BrettYoung's Lloyd Dyck — then the majority shareholder and now the sole owner — invited him to join the company.

The growing opposition from major shareholders could be a big problem for Dell because in order for the company to go private, he needs the approval of the majority of shareholders, excluding his stake in the company.

Then, Verizon completed a reverse Morris trust reorganization with FairPoint, under which the original Verizon shareholders owned a majority stake in the newly merged company, while FairPoint's original management ran the new company.

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.

Research indicates, for instance, that companies with majority (rather than plurality) voting for directors are more apt to adopt shareholder proposals that garner majority support, and that many chief financial officers are willing to forgo investments in projects expected to be profitable in the longer term in order to meet analysts» quarterly earnings estimates.

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.

Total shareholder return was helped by an $ 8.2 billion repurchase made in late 2013 — when the company and a group of investors led by Kotick and Activision Chairman Brian Kelly bought out a stake held by then - majority shareholder Vivendi.

The company, Ellaal Goldberg Corporation, is a U.S. holding company that is the majority shareholder of Ellaal Goldberg, SA, a company incorporated in Romania.

In particular, companies should be allowed to introduce dual - class shares after they have gone public, subject to a majority - of - minority shareholder vote.

I guess the lesson of Travis Kalanick's resignation as chief executive officer of Uber Technologies Inc. is that you can be the visionary founder of a massive company, stay private to avoid the pressures of the public market, keep control of a majority of the voting power of the shares, and still be forced out in a boardroom coup led by activist shareholders:

In connection with a shareholder proposal made at the 2012 annual meeting of shareholders, the Company informed its shareholders that the Board had adopted a policy providing for majority voting for the election of directors in uncontested elections and that the Company would take steps to implement majority voting in its Articles and bylawIn connection with a shareholder proposal made at the 2012 annual meeting of shareholders, the Company informed its shareholders that the Board had adopted a policy providing for majority voting for the election of directors in uncontested elections and that the Company would take steps to implement majority voting in its Articles and bylawin uncontested elections and that the Company would take steps to implement majority voting in its Articles and bylawin its Articles and bylaws.

As noted, for ESOPs in closely held companies this is not an issue since, typically, the entire company is being sold to the employees, and managers and the exiting owner are not focused on the dilution of the majority shareholder since that shareholder desires to cash out its majority equity.

Because most ESOPs in closely held companies take place in situations where the founding owner wants to retire and cash out of the business, the issue of diluting profit per share and diluting the ownership and governance rights of majority shareholders is not a material issue in these cases.

At last year's annual meeting, the company's advisory vote on executive compensation failed to receive majority support from shareholders, with approximately 29 % of shareholders supporting the proposal; however this was just one of the issues the company faced in the past year.

Whereas the current Code merely calls for a statement to be published on the company's website in response to shareholder concerns when a say - on - pay fails to receive majority support, the Senate's amendment would require companies to prepare and present a report at the next general meeting detailing how it took the shareholder vote into consideration.

Similar proposals, also called «Aiming for A,» received well over majority support at a handful of European companies where they were submitted in 2015, due in large part to the fact that in each case the board recommended shareholders vote in favor.

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.yIn 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.yin 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.yin 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.yin order to carry out the terms and provision of this Section x.y..

The proposals would instruct the board to develop further safeguards with regard to related party transactions with the majority shareholder, and to provide assurances for keeping the company's business operations in Spain.

His measure calls for a share buyback and is in the form of a precatory proposal, which means that even if a majority of Apple shareholders approved, it would not be binding on the company's management.

There, the majority owner also threatened to take the company private in order to «motivate» small shareholders.

Majority Shareholder and Director Peter Haycraft founded the company in 1961.

Cal - Maine's 2010 Annual Report to shareholders says that the company's shell eggs are sold to «a majority of the largest food retailers in the U.S.» Among its customers are retailers such as HEB and Publix.

In July, an agreement was signed over a strategic alliance with Raiffeisen - holding Niederosterreich - Wien, majority shareholder of the Austrian company Nom, involving the purchase by Parmalat of a 25 per cent stake in the Austrian dairy group for $ 30 millioIn July, an agreement was signed over a strategic alliance with Raiffeisen - holding Niederosterreich - Wien, majority shareholder of the Austrian company Nom, involving the purchase by Parmalat of a 25 per cent stake in the Austrian dairy group for $ 30 millioin the Austrian dairy group for $ 30 million.

RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company»), a global leader in the production and marketing of value added products derived from rice bran, today announced that, based on preliminary noncumulative voting results reported by the independent inspector of elections (the «Inspector») following the Company's 2016 Annual Meeting of Shareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «BoShareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Boshareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Board»).

Apart from my personal opinion that he is the main one responsible for our poor transfer budgets and lack of ambition for the club since he became majority shareholder but worse still he has now shown who he really is by the launch of the appalling hunting channel just launched in the UK by the company that he owns!

Currently, Stan Kroenke, an American sports tycoon with a net worth of approximately $ 7.4 billion, is the majority shareholder in the clubs parent company, Arsenal Holdings Plc with a 67 % stake.

Mr. Roth is also a majority shareholder in National Beef and isn't his company the producer of Mc Donald's hamburgers — Jo Ann Smith the USDA official that approved pink slime sits on Tyson's Board of Directors... connect the dots.

The case originates in the early 1990s, when Mr Tapie was a majority shareholder in sports goods company Adidas.

-- Where is the «accountability» for Wall Street & elite financiers, such as MERRILL LYNCH and OPPENHEIMER, previously the MAIN INVESTORS & SHAREHOLDERS owning majority stock in the company that produced the «GRAND THEFT AUTO» video game as its main product!!!

None of these companies have disclosed how the shares changed hands in those transactions since the initial purchase in 2006, but Spalding remains the majority shareholder and controls the business.

There is no need, nor reason, to waste time or shareholder resources on advisors or to delay the liquidation process in order to explore risky alternative strategies, courses certain to result in further diminution of value for all shareholders, when the majority of the stockholders of the Company appear to have already made their views perfectly clear.

In order to do this, the company generally needs the approval of a majority of the existing shareholders.

Sterling Capital Management argued in a May 2008 letter that the failure of nominated directors at ACL's Annual Meeting of Stockholders to receive a majority of the shareholder vote in support of their re-election demonstrated shareholders» «discontent with the failure of the Board to fully engage SHI in negotiations that could ultimately lead to a transaction that fairly values our company.»

The majority of the company's garnet is supplied pursuant to a distribution agreement with an Indian supplier that was formerly owned by WGI (WGI sold this company in 2008 and distributed the proceeds of the sale, together with a portion of its cash on hand, to shareholders).

In addition to the regular quarterly / monthly income payments, MIC's are required to pay out the majority of their remaining taxable income to shareholders each year so you usually receive an additional «bonus» payment in the first quarter which can be significant depending on the company's prior year performancIn addition to the regular quarterly / monthly income payments, MIC's are required to pay out the majority of their remaining taxable income to shareholders each year so you usually receive an additional «bonus» payment in the first quarter which can be significant depending on the company's prior year performancin the first quarter which can be significant depending on the company's prior year performance.

Under the agreement, both companies will be acquired by General Atlantic, who will be the majority shareholder in the combined company.

These companies can often be «value traps» — wherein shareholder value is under - realized (or never realized) because the incentives of management / majority owners are not in alignment with minority shareholders.

For the vast majority of shareholders I have spoken to, downside protection and a decent chance for reasonable upside beats the outright ownership of a distressed biotech company — especially in this investment environment.»

This is where the theory and reality diverge: The majority of companies that don't pay out a significant portion of cash flows in dividends (or stock buybacks, though I place more value on dividends, as stock buybacks could be postponed) more often than not end up destroying shareholder wealth in empire - building acquisitions or marginal capital investments (if they had better investments to begin with they would spend cash right away).

The vast majority of shareholders and investors of these companies are solely interested in the shape of the bottom line and this isn't something new.

Charles Koch and his brother David are majority shareholders in Koch Industries, an immense conglomeration of oil and gas companies with a global reach — and a definite interest in denying any link between fossil - fuel use and climate change.

A majority of shareholders, over 62 percent, voted in favor of America's biggest oil company releasing detailed analyses of the risks that climate change poses to its business.

Regularly represents majority and minority owners in closely held business disputes, including claims of freeze - out, misuse of corporate funds and mismanagement, and disputes regarding shareholder / limited liability company agreements.

Successfully assisted the majority shareholders in a leading Italian online insurance aggregator (an English registered company) in opposing a threatened Unfair Prejudice Petition by a group of shareholders.