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He is the majority owner, with his partner Richard Schiavo, of Big Brown.
Blackstone will remain the majority owner, with about 73 percent of the company's shares, according to a filing.
Mr. Coles formed Virginia Uranium in 2007; he is a majority owner with his neighbor Henry Bowen, and Canadian investors hold a minority stake.
The other public interest concern has been that the excellence and independence of Sky's news coverage could be compromised by an activist majority owner with a strong political agenda, via editorial appointments, if not day-to-day interference.
Sarver is majority owner with a 40% stake.
What's important is that we are the majority owner with management control.
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If you want to maintain leadership of your company, structure your deal in a way that positions you unequivocally as the majority owner and with the investor as a minority.
He remains the majority owner of Barry Callebaut, with 69percentthroughughisis family holding company, KJ Jacobs.
As part of it, Time Inc will become a majority owner of Viant, with the Vanderhook family, which founded Viant, retaining a minority stake (percentages undisclosed).
That would leave HKT's majority owner, Cable and Wireless, with less cash and a larger stake in Pacific Century.
The club have been looking for new investors for several months with majority owner Anton Zingarevich ready to sell up.
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