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Novopoint.com, still under development, will be operated by a neutral, independent company, with the majority of equity ownership to be held by companies in the food and beverage industry.
And with the majority of equity trading now generated by the computer programs of big banks and investment funds, analysts caution against reading too much into daily stock moves as a reflection of market sentiment.
"The simple equation is that the multinational parent will produce vehicles wherever it can take the lion's share of the profits," Mr. Twine said, "and obviously if the majority of equity is held by someone else, you're not going to give them the right to make exports for the global market, because you're not going to get all of the profits".
Given that the majority of equity investors tend to be male, that can result in an unconscious (to be kind) tendency to favor companies fronted by men.
Indeed, Lough met with numerous VCs, and received term sheet offers, but in every case the VC's wanted control and the majority of equity.
The average high-yield mutual fund gained 5.72% in the first four weeks of January, performing far better than long-term bond funds (0.95%) and the vast majority of equity funds.
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The majority of this equity holding, 73%, is in rescue packages created in the wake of the financial crisis.
The Cullmans also indicated their desire to retain the majority of their equity in the Company and to continue controlling day-to-day operations.
The majority of private equity deals to date — typically, longer-term investments of about 10 years — have been in these areas.
The fact that our group controls a majority of the equity means we could make decisions that other people were scared to make.
The new partners are gaining the undisclosed minority interest in the agency from Marty Weiss and Adam Stagliano, who will hold the majority of the equity and voting shares.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com