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To: knighthawk

how can they boot him out of his own company? He could just fire the board.


3 posted on 05/16/2021 11:10:06 PM PDT by Oshkalaboomboom
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To: Oshkalaboomboom

Company valuation.


4 posted on 05/16/2021 11:15:54 PM PDT by Gene Eric (Don't be a statist!)
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To: Oshkalaboomboom

“He could just fire the board”

Did he have sufficient votes for this? Shareholders make these decisions.


11 posted on 05/16/2021 11:33:28 PM PDT by LordOddsocks
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To: Oshkalaboomboom

> how can they boot him out of his own company? He could just fire the board <

It’s not really his company anymore. Out of curiosity - and because I can’t sleep - I looked it up. Over the years Bill Gates has sold most of his Microsoft stock. He now owns only about 1% of Microsoft!

https://markets.businessinsider.com/news/stocks/bill-gates-melinda-gates-stock-transfer-same-day-divorce-announcement-2021-5-1030394944?op=1


22 posted on 05/16/2021 11:53:56 PM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: Oshkalaboomboom

Public company

He only owns 1.3% of shares


29 posted on 05/17/2021 12:42:41 AM PDT by wardaddy (Let me guess FREEPERS are now salivating over Tim Scott.....so predictable just like talk radio )
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To: Oshkalaboomboom

the same way apple removed steve jobs the first time.


34 posted on 05/17/2021 2:28:08 AM PDT by VAFreedom
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To: Oshkalaboomboom
how can they boot him out of his own company?
Ask Papa John.
35 posted on 05/17/2021 2:35:37 AM PDT by Bratch
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To: Oshkalaboomboom
Re: "how can they boot him out of his own company? He could just fire the board."

Gates owns less than 5% of Microsoft today.

I think his all time largest share was in the 20%-25% range.

Most of his stock went into his Foundation endowment.

39 posted on 05/17/2021 3:39:03 AM PDT by zeestephen
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To: Oshkalaboomboom

He apparently did not own 51% of the stock

Companies have by laws too. So there may be many answers to your question


48 posted on 05/17/2021 4:53:09 AM PDT by Nifster (I see puppy dogs in the clouds)
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