Controlling Interest

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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 ?
Could the fact that a tax-exempt partner holds a majority interest in a partnership have any effect on the year-end?
The parties have also entered into negotiations concerning the acquisition of a majority interest in Aqua Energetics, Inc.
In so doing, the majority interest of Katy would, in effect, shift back to the public domain.
and Elf Sanofi today jointly announced that their pharmaceutical alliance operation in Europe, Sanofi Winthrop, has completed the purchase of a majority interest in Chinoin, the second largest pharmaceutical company in Hungary.
Beijing Med-Pharm Corporation (Nasdaq: BJGP) today announced that it has been notified that it is the winning bidder in a sale of shares representing a majority interest in the Shanghai Rongheng Pharmaceutical Co.
As a result of this acquisition, plus last December's purchase of a majority interest in Kuhn + Bayer, another German distributor of scientific supplies, Fisher is now one of the largest providers of such products in Germany.
National Intergroup owns a majority interest in FoxMeyer Corp.
OTCBB: NMKT) today announced executing a letter of intent (LOI) agreement to acquire the majority interest in TekVoice Communications, Inc.
Makarechian and Dowers hold the same positions at Capital Pacific, the privately held Newport Beach-based company which last year acquired the RTC's 85 percent majority interest in J.
OTCBB:NMKT) today announced executing a letter of intent (LOI) agreement to acquire the majority interest in RedMoon, Inc.
Lohr of Houston, alleges that Unytite Japan had, through fraud and deceit, acquired a majority interest in the company he founded, Lohr Structural Fasteners, Inc.
OTCBB:DMOI) today announced a $10 million revenue forecast for fiscal year 2007 for Diamond in conjunction with NewMarket's pending acquisition of a majority interest in Diamond.