Originally Posted by
ShyGuy
Meh, 30% of Flybe just got bought by VS and Delta owns 49% of VS. That ends up being a really small number
With a lot of stock held by mutual funds, especially index funds that don’t actively vote their shares, a controlling interest in a company can be a whole lot less than 50%. And yeah, a single company holding 30% of the voting stock can often control it. And anyone holding a 49% share generally WILL control it in most circumstances,