@roamer_1 "Stockholders,plural,have power. The ONLY "power" an individual stockholder has is the option to sell his or her stock,or to pledge it to another stockholder to build influence with the board.
@sneakypete That depends upon how much stock the single individual owns. A single individual with a single stock... you're right. He has the same rights as the big guns, but his investment, and therefore his share, is insignificant. But a single owner with, let's say, an 8% share in something like this would be able to swing a pretty big hammer.
And we are talking about the big guns here... investment firms and hedge funds, whose interests would be the same as the small stock holder - so by their intent, the small guy's funds are protected just the same.
There can be no question about a majority ownership controlling the board,and by extension,the corporation.
I suspect you are right about this. I have never heard of a stockholder who is a fan of seeing their stock lose value.
Right... but it is more complicated than that... especially corporations within corporations.... But they ALL have a fiduciary duty to the stockholders. And if those stockholders don't have the power to directly address the board, they still have every right to bring forward a class action civil suit.
Either which way, the excrement is about to hit the oscillating air mover. The stockholders will get their 30% back in blood or treasure.
I guess there is a possibility of the Disney Family still owning a majority of the voting stock,but I doubt it. From what I have read,they are airheads born into wealth,with no conception of not being wealthy. They really seem to think that poverty can never happen to them.
This is Tranheiser-Busch-In-Bev, not Disney...
Though Disney ain't faring too well against the good Florida Governor either.
