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Controlling Interest

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
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.



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The payments were apparently authorised by the Government as part of the deal for it to take a controlling interest of at least 65% in the firm.
Chairman Sir Victor Blank and chief executive Eric Daniels are under pressure from shareholders angered by the rescue deal, which will see the Government's stake upped from 43% to a controlling interest of at least 65%.
Summary: It appears the taxpayer is about to take a controlling interest in Lloyds TSB.
 
 
 
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