A majority shareholder is an individual or entity that holds more than half of the outstanding shares of a corporation, thereby having significant influence and control over company decisions.
Staggered directorships serve as a potent anti-takeover measure by ensuring that directors' terms are staggered, thus preventing a hostile bidder from easily gaining control of the board, even with a controlling interest.
A subsidiary company is a firm that is fully or partially owned and controlled by another company, known as the parent company or holding company. The parent company owns more than 50% of the subsidiary's voting stock, giving it control over the subsidiary's operations and strategic direction.
Taking a position refers to the act of buying and holding stock in a company for the long term or to gain control, and can relate to holding long or short positions in stocks or bonds.
A takeover represents a change in the controlling interest of a corporation. This can occur through friendly acquisition and merger, or via an unfriendly bid that might be contested by the target company's management employing defensive strategies known as shark repellent techniques.
A comprehensive overview of the concept of a takeover bid in the context of corporate acquisitions, including explanations of types, outcomes, examples, related terms, and resources for further study.
A Voting Trust Certificate is a transferable certificate that represents beneficial interest in a voting trust established to centralize corporate control and facilitate reorganization during financial difficulties.
