M&A Foundations · glossary
Ownership that gives power over a company. Under English company law, more than 50% of the votes passes ordinary resolutions — appointing the board and approving dividends — while 75% passes special resolutions, such as changing the company's constitution. Those two thresholds shape what a majority can do and what a minority can block. Chapter 3
Explained in Chapter 3, Deal Types and Structures, of M&A Foundations.
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