Controlling Interest


Also found in: Dictionary, Thesaurus, Financial, Wikipedia.

Controlling Interest

 

the block of stocks that ensures to its holder the de facto control of a corporation. The controlling interest is concentrated in the hands of the magnates of financial capital, who through the pyramiding system can be sole masters of a corporation even when they control only 20–30 percent or in some cases even a much smaller percentage of the shares.

References in periodicals archive ?
CHELSEA have firmly denied that owner Roman Abramovich has any controlling interest in Champions League group rivals CSKA Moscow.
States like New York that take a broad approach generally tax transfers of a controlling interest in an entity that owns in-state property.
3 Lock-up period - The agreement prescribes a lock-up period of 5 months, to begin from the signing date of the Control Agreement, during which the transfer of the Controlling Interest Shares by any of the parties will not be permitted.
A taxpayer is often deemed to have transferred a controlling interest if more than 50% of the ownership interest in the legal entity is transferred to a new owner.
is a Barbados-based corporation that holds controlling interests in a number of telecommunications providers in the Caribbean including Cable Bahamas Ltd.
On November 15, 2005, Altice notified Net2Phone that a third party had acquired a controlling interest in Altice, that the third party would not agree to be bound by all of Altice's obligations under the Agreements, and that therefore, the Agreements were being terminated.
Acorn's primary objective is to obtain controlling interests in emerging companies.
Nasdaq: APGE) announced today it has made an offer to acquire controlling interest of a publicly held company, NDC Automation Inc.
in the immediate future regarding their acquisition of a controlling interest in the Company.
SEAENA owns the controlling interest in Laser Designs International, LLC, the patent owner for sub surfacing laser decorative imaging, and also will have exclusive rights to the license for the color technology, thereby creating a milestone in the industry by consolidating the two front runners in innovation, technology and production.
Lents, chief executive officer of International Standards Group, Limited (Nasdaq: ISGI), mutually announced that an agreement in principle has been reached between the parties for the acquisition of a controlling interest in ISG by ELFWORKS through the issuance of a new series of voting convertible preferred stock.