To: NoGrayZone
If I remember correctly it was 51%, which gave them the majority. I could be wrong. It's a rumor that refuses to die. A Saudi named Al Alaweed bought 7% of Fox. Somehow that's morphed into "51%".
124 posted on
04/25/2013 3:37:15 PM PDT by
Windflier
(To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
To: Windflier
You can have significant influence in a corporation with a minority interest and, if the company is publicly traded, you can often gain effective control of the company with far less than 51%. Why? Because most shareholders don’t vote.
125 posted on
04/25/2013 6:27:03 PM PDT by
littleharbour
("All men having power ought to be distrusted to a certain degree. ~ James Madison)
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