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 ?
Destia Ltd and ITS-Vahvistus Oy signed a contract concerning a transaction according to which Destia acquires the majority interest in ITS-Vahvistus.
Acquisition financing for the majority interest of Skandia was provided by East West Bank and Brookside Mezzanine Partners.
When we acquired a majority interest in FinishMaster in 1996, I believed the organization had significant potential for growth.
According to the company, its wholly-owned subsidiary, Xing Rui International Investment Holding Group Ltd, through its newly formed a Peoples Republic of China corporation subsidiary, Hua Xin Chang Rong (Shenzhen) Technology Service Company Limited (Hua Xin Chang), has purchased the 60% majority interest in Amuli.
Globeleq, an independent power generation company in sub-Saharan Africa, has acquired majority interest in more than 300 MW of generation capacity in Cameroon.
To facilitate the expansion, NewMarket recently announced an LOI agreement to acquire a majority interest in its affiliate Wi-Fi operation, RedMoon, Inc.
M2 EQUITYBITES-December 11, 2014-Travelers' JV in Brazil announces acquisition of majority interest in Cardinal CompaA[+ or -]A-a de Seguros in Colombia
This unwillingness limits the effectiveness of the discounts taken on lifetime gifts, since they may be at least partially offset by a control premium on the majority interest remaining in the taxpayer's estate.
NewMarket also recently announced a second LOI agreement to acquire a majority interest in its affiliate Wi-Fi operation, RedMoon, Inc.
M2 EQUITYBITES-June 4, 2014-Tenet buys majority interest in Texas Regional Medical Center in Sunnyvale, Texas for undisclosed fee
a partnership shall not have a taxable year other than--(i) the majority interest taxable year (as defined in paragraph (4)), (ii) if there is no [majority interest tax year], the taxable year of all the principal partners of the partnership, or (iii) [if (i) and (ii) do not apply] the calendar year unless the Secretary by regulations prescribes another period.
In preparation for the eventual distribution of subsidiary stock to NewMarket shareholders, management is aggressively independently publicly listing regional subsidiaries and emerging technology subsidiaries, while the parent company retains and maintains a majority interest.