"We clearly are interested in seeing how they are going to demonstrate their commitment to all the shareholders of the company, and not just the Murdoch family," Campos said.
Yet even with that kind of commitment from public shareholders, the takeover cannot be completed without the approval of the Taubman family, which has enough voting control to block a deal -- about 30percentt of the voting shares -- and has so far rejected multiple offers from Simon Property.
Except, of course, the shareholders.
BLOOMBERG BUSINESSWEEK | GMO Redstone to Miss Shareholder Meeting | Sumner Redstone won't be able to attend Viacom's annual shareholder meeting next week because of a conflicting commitment, but "will be addressing the shareholders in a video presentation," a spokesman said, according to The Wall Street Journal.
The agreement between the shareholders – which includes a commitment to invest £115m between them covering development, launch and the first four years of operation – ends on 31 March next year.
Power balance represents the relative balancing ability of the other shareholders to the largest shareholder.
The commitment from shareholders is [that] we should help people around the world".
Following are a few of my favorites in the fund arena, all wonderful, ethical businesses thriving because of their commitment to shareholders and free enterprise.
"In light of recent events involving the firm, we appreciate the support of our clients and shareholders, and the dedication and commitment of our people," he said, in a nod to the S.E.C.'s case.
