Sentences with phrase «voting stake in the company»

For Coutu, who has a 93 % voting stake in his company, the merger personally earns him $ 2.5 billion in cash and stock, and gives him a 6 % stake in Metro.
The move essentially allows those who recently became Dell stockholders, especially those in favor of the going - private deal, to vote their stake in the company.
Mr. Redstone, 92 years old, is the controlling shareholder of Viacom and CBS Corp. with nearly 80 % voting stakes in each company.

Not exact matches

Pincus» stake in the online gaming company will still have the same economic value, but he will now only control about 10 % of the vote.
While a Trump presidency is looking less and less likely, many Canadian companies with stakes in the U.S. are, like Bedard, feeling skittish about their business prospects in the lead - up to the November 8th vote.
Through ICOs, funds are usually raised in about 30 minutes and investors are not given any stake in the company or voting rights.
Knauf, which also has a stake in the construction materials company, had asked shareholders to vote against the board nominees as part of its tactic to get USG (NYSE: USG) to accept its offer.
Deborah Quazzo, a member of the Chicago Board of Education, voted to support charter networks that «have given more than $ 1 million in business to companies in which [she] has an ownership stake,» reports the Chicago Sun - Times.
Conversely, EOS tokens owners act as shareholders of traditional public companies, that way the owners are able to cast votes and participate in the governance of the blockchain, in proportion to the their stake.
Ownership has its privileges, which include voting rights and a stake in corporate profits as the company grows.
Through its own Indicium (IND) token, users will be given a stake of ownership in a company which gives the right to dividend payout, as well as to vote on executive board elections and operations.
The Taubman family's recent purchase of these shares allows it to hold 33.6 percent of voting shares with only a 1 percent economic stake in the company.
She's suing her former husband to get back voting control of her 9 percent stake in the company.
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