BNET Business Dictionary
Business Definition for: Majority Shareholder
- a stockholder with a controlling interest in a company
Additional Resources
- Deutsche Telekom becomes majority shareholder in Cronet.
- BONN, Germany--Deutsche Telekom became a majority shareholder in Croatia's Hrvatski Telekom. Deutsche Telekom raised its holding in the company from 35 percent to 5l percent by acquiring a further16-percent stake from the government for $447.5 mill BONN, Germany--Deutsche Telekom became a majority shareholder in...
- Research articles 2001-10-29
- SAS wants to become majority shareholder in Estonian Air and Air Baltic - report
- NORDIC BUSINESS REPORT-18 May 2004-SAS wants to become majority shareholder in Estonian Air and Air Baltic - reportC1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Jorgen Lindegaard, CEO of the Scandinavian airline SAS, has reportedly said that the airline wants to become the majority shareholder in the national carriers of both Estonia...
- Research articles 2004-05-18
- CE Franklin Ltd. Announces Change in Majority Shareholder
- CALGARY, Alberta--BUSINESS WIRE--June 2, 1999-- CE Franklin Ltd. (TSE:CFT.) (AMEX:CFK) today reported a change of its majority shareholder. Smith International Inc. (NYSE:SII), based in Houston, Texas, announced yesterday that it had acquired approximately 8.6 million shares or 52 percent of CE Franklin from CONEMSCO Inc. SCF Partners, a...
- Research articles 1999-06-02
- Maurice Bidermann seeks court Okay to bid on Bidermann: former majority shareholder wants bankruptcy judge to end exclusivity period. (Bidermann Industries U.S.A.)
- Maurice Biderman is seeking approval from the Manhattan Bankruptcy Court to file an alternate reorganization plan for Bidermann Industries U.S.A. BIUSA. On Jan 18, 1998, the court approved a plan that values the firm at $335 million and gives noteholders, led by Merrill Lynch, 100% of its equity. Maurice Biderman's...
- Research articles 1998-02-20
- Primacom and UPC combine German businesses; Total subscribers grow to 1.9 million, UPC becomes majority shareholder of PrimaCom.
- M2 PRESSWIRE-29 March 2001-UPC: Primacom and UPC combine German businesses; Total subscribers grow to 1.9 million, UPC becomes majority shareholder of PrimaCom C1994-2001 M2 COMMUNICATIONS LTD RDATE:29032001 MAINZ, GERMANY, AMSTERDAM, THE NETHERLANDS -- The Supervisory and Management Boards...
- Research articles 2001-03-29
- Majority Shareholder James W. Cameron, Jr. Joins the Company as Director and CEO
- SACRAMENTO, Calif.--BUSINESS WIRE--Aug. 26, 1999-- Alternative Technology Resources, Inc. (OTC BB:ATEK) ATR, announced today that its majority shareholder, James W. Cameron, Jr., will join the Board of Directors and will assume the position of Chief Executive Officer. Mr. Cameron, who will be joined by a number of former...
- Research articles 1999-08-26
- Houston Exploration and Majority Shareholder, KeySpan Energy, Announce Intention to Explore Strategic Alternatives for Houston Exploration
- HOUSTON, Brooklyn, and Hicksville, N.Y.--BUSINESS WIRE--Sept. 13, 1999-- The Houston Exploration Company (NYSE:THX) and its majority shareholder, KeySpan Energy Corporation (NYSE:KSE), jointly announced today their intention to begin a process to review strategic alternatives for Houston Exploration. The process will include an assessment of the role of Houston...
- Research articles 1999-09-13
- Memc Majority Shareholder Veba To Merge With Viag
- ST. PETERS, MO--BUSINESS WIRE--September 27, 1999-- New Company to Focus on Core Businesses Divestitures of Certain Non-Core Businesses VEBA AG, the majority shareholder of MEMC Electronic Materials, Inc. (NYSE: WFR), today announced a merger with VIAG AG. The combined VEBA/VIAG group has stated in a press...
- Research articles 1999-09-27
- Hostile approach made for majority shareholder of Virgin Blue
- AIRLINE INDUSTRY INFORMATION-C1997-2005 M2 COMMUNICATIONS LTD A hostile takeover bid has been made for stevedoring firm Patrick Corp, the majority shareholder in Australian low-cost airline Virgin Blue. The bid by Australian transport company Toll Holdings Ltd values Patrick at AUD4.6bn. Toll has already acquired a 4.3% stake in...
- Research articles 2005-08-23
- BNDES to be majority shareholder in Varig-TAM.
- Brazil, May 7, 2003 (Gazeta Mercantil/SABI via COMTEX) The Brazilian development bank BNDES Banco Nacional de Desenvolvimento Economico e Social is intending to become a majority shareholder of the company to be created through the merger of Varig and TAM airlines. The amount to...
- Research articles 2003-05-07
- Trendwest Resorts agreed to buy a 6,200-acre property from its majority shareholder, JELD-WEN, for $47.6 million
- * Trendwest Resorts agreed to buy a 6,200-acre property from its majority shareholder, JELD-WEN, for $47.6 million. The property, which is located in Upper Kittitas County in Washington state, is the site for the proposed MountainStar Resort. The resort will be the company's largest, and plans include hotel and conference...
- Research articles 2000-07-17
- CE Franklin Ltd. Announces Proposed Change of Majority Shareholder
- CALGARY, Alberta--BUSINESS WIRE--Dec. 16, 1998--CE Franklin Ltd. (TSE:CFT, AMEX:CFK) today reported a proposed change of its majority shareholder. The change would result from the completion of matters set out in a memorandum of understanding for the creation of an oilfield distribution and supply joint venture between Continental Emsco Company...
- Research articles 1998-12-17
- Ward's given $200-million boost from GE; majority owner also suggesting sale of retail HQ. (Montgomery Ward Holding Corp.; GE Capital Services)
- Montgomery Ward Holding Corp.'s majority shareholder has invested another $200 million in the money-losing retailer, and suggests that Ward's might sell its massive Chicago Avenue headquarters along with other real estate to raise cash. Edward StewartMontgomery Ward Holding Corp.'s majority shareholder has invested another $200...
- Research articles 1997-05-05
- Aegon's largest shareholder likely to sell down [euro]4.8bn stake.
- Byline: Yasmine Chinwala The majority shareholder in Aegon, the Dutch insurance group, looks set to sell down part of its stake in the firm, which could release as much as [euro]4.8bn ($4.7bn) or 25% of the firm's market capitalisation, according to analysts.Association Aegon, the...
- Research articles 2002-09-11
- Shareholders of Banknorth Group, Inc. vote in favor of proposed acquisition of majority interest by TD Bank Financial Group
- PORTLAND, Maine & TORONTO -- Banknorth Group, Inc. (NYSE: BNK) and TD Bank Financial Group (TSX, NYSE: TD) today announced that at a special shareholder meeting held today Banknorth shareholders approved the proposed acquisition by TDBFG of 51% of the outstanding shares of Banknorth. "This is a great day...
- Research articles 2005-02-18
- MicroSignal Corp. Announces Filing Schedule 14C with the SEC, and Majority Shareholders' Meeting in Las Vegas
- Business Editors/High-Tech Writers LAS VEGAS--BUSINESS WIRE--Nov. 18, 2003 MicroSignal Corp. (OTCBB: MSGL) announced today that it had filed a preliminary Schedule 14C with the Securities and Exchange Commission. The Schedule 14C reports action taken by the majority of shareholders in advance of the annual meeting of shareholders held...
- Research articles 2003-11-18
- Majority stockholder of Carter-Wallace, Inc. rejects Davis proposal
- NEW YORK--BUSINESS WIRE--Nov. 1, 1996--Carter-Wallace, Inc. (NYSE:CAR) announced today that The CPI Development Corp., the owner of a majority of the outstanding stock of Carter-Wallace for over 50 years, has informed the company that it has no interest in selling its shares in the transaction proposed by Davis Companies to...
- Research articles 1996-11-01
- Majority Stockholder of Carter-Wallace, rejects latest Davis proposal
- NEW YORK--BUSINESS WIRE--Dec. 3, 1996--Carter-Wallace, Inc. (NYSE:CAR) announced today that The CPI Development Corporation, the owner of an absolute majority of the common stock of Carter-Wallace, has informed the Company that it has no interest in selling its Carter-Wallace shares in the transaction proposed by Davis Companies in its November...
- Research articles 1996-12-03
- Dobson shareholder receives loan extension
- Dobson Communications' majority shareholder has received a loan extension to March 31, 2003. The shareholder, Dobson CC Limited Partnership, said it will have the right, under certain conditions, to extend the maturity date of the loan for an additional year. The conditions include paying at least $75 million...
- Research articles 2002-03-19
- Dobson Comm. shareholder receives loan extension
- Dobson Communications' majority shareholder has received a loan extension to March 31, 2003.The shareholder, Dobson CC Limited Partnership, said it will have the right, under certain conditions, to extend the maturity date of the loan for an additional year. The conditions include paying at least $75 million against the loan's...
- Research articles 2002-03-19
