Alisher Usmanov says he is going to buy a blocking stake in Arsenal Football Club so what is a blocking stake?
2007-09-21 01:24:12 · 1 answers · asked by Sargey14 1 in Business & Finance ➔ Investing
Basically, it's enough shares so that no board decisions can be made without his say so.
2007-09-21 01:45:14 · answer #1 · answered by Goose 4 · 0⤊ 0⤋
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2015-01-27 12:11:41 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Depends what he is trying to block ..
For example, if 75% of Share holder votes are required for some action, then holding 26% of the voting shares will block that action .. (since the maximium remaining votes can never exceed 74%).
2007-09-21 01:50:17 · answer #3 · answered by Steve B 7 · 1⤊ 1⤋