Sentences with phrase «percent ownership threshold»

Not exact matches

Investors typically have to tell the Fed and the public before acquiring 10 percent ownership in a bank, though that notice can be delayed if the threshold is reached because of share repurchases.

PS Fund 1's LLC agreement was not amended to add Valeant as a member until April 6, 2014, and Valeant's capital contribution — a miniscule 3 percent of the total funds — was not made until April 10, 2014, just one day before PS Fund 1's ownership of Allergan stock crossed the 5 % threshold on April 11, 2014.