Sentences with phrase «voting power over the other»

Dual - class shares refer to the ownership structure of a company, where one class of shares holds some sort of voting power over the other.

Not exact matches

kronkes influence over the club is minimal at best how many decisions does he actually make in the public club domain that we all know of, i am only guessing here but just because he is majority shareholder it doesn't mean he can just do what he wants without the other board members say so, i suppose the rest of the board would vote him out of power and liquidate his shares if he did something really wrong like leveraged the club against a big debt.

When the board met on July 1, however, the Bronx appointee voted with the other members to keep Mr. Klein as chancellor and give him full power over the schools, including allowing him to approve contracts.

For proof of just how far Mangano has fallen, look no further than the «yes» vote cast today by George Marlin, director of the Nassau Interim Finance Authority, which voted 6 - 0 to give itself veto power over the county's budget, labor contracts, borrowings and other major financial commitments.