Since the Pound is much stronger than the Dollar, I'm thinking if the British stock goes up I will make even more money after I sell and convert from the British pound back into U.S. Dollars....
Im new to the stock market and im investing my first $1000. I was wondering if buying $1000 of apple stock right now would be a smart move. The stock is going for $106 right now, is this too high for ...
its been in the news quite a bit lately and i'm curious whether this indicates the coming of a recession? but what exactly does this mean for the everyday american?...
jpm earlier offered to buy out wm, and now the govt orchestrated a hostile takeover? is this legal? will I get anything?? can I sue the govt for stealing my money? will there be a class action ...
I am losing so much right now. I am in Vangard with well diversification.
I had $655,000. last Jan and now I have $505,000.00. I did make some withdrawls because I am retired>...
david d
How much stock can someone buy in a company before they can take it over?
I recently read that someone has bought 8% of the stock in the company for which I work. Are they near the point of taking over the company?
The stock holders of a company vote for the board of directors. Each share of stock is one vote. Once you acquire enough shares you can start placing people on the board. The board monitors the management of the company. The board can replace the CEO and other officers effectively taking over the company. There is no hard number for how much of the company you need, it depends on who the other major share holders are.
Joe Shemo from Kokomo
It would be according to the type of stock and the total number of outstanding shares and the total number of stock holders.
dukalink6000
If he is a majority owner, perhaps
angle2980
AS MUCH AS THEY WANT
Laissez-Faire Guy
That person may own 8%, but if he's got allies who also own the stock, they can take over the company when they've reached 50% + 1 share, by voting the current management out.
angrysandwichguy1
As someone else said, you would need a majority stake. However, if you have enough stock to get a seat on the board and you know of others on the board who are also disgruntled, well, people can work together to get bought out.
hgary06
no, around 25% and they will have significant say in the company.
little ricky
generally, you'd need a majority shareholder status to control the company. although with a significant holding, you could probably get a seat with the board of directors, thus somewhat controlling the company.