: sufficient stock ownership in a corporation to exert control over policy
Example Sentences
Recent Examples on the WebLone Star said in a statement that the tribunal's ruling vindicates its claim that South Korean regulators violated domestic and international law in relation to the company's multiyear effort to sell its controlling interest in KEB.Chron, 1 Sep. 2022 The Tao Group Hospitality segment features its controlling interest in Tao Group Hospitality, a hospitality group with entertainment, dining, and nightlife brands, including Tao, Marquee, Lavo, Beauty & Essex, Cathedrale, Hakkasan, and Omnia. Joe Cornell, Forbes, 25 Aug. 2022 The term includes privately run lenders such as China Merchants Bank and Ping An Bank but also includes other institutions where the government holds a controlling interest. Cao Li, WSJ, 29 Aug. 2022 Moreno was unsuccessful in his 2001 attempt to purchase controlling interest in the Arizona Diamondbacks, but two years later, his purchase of the Angels was approved by Major League Baseball. Sarah Valenzuela, Los Angeles Times, 23 Aug. 2022 Hyundai's parent company owns a controlling interest in Kia. Peter Valdes-dapena, CNN, 18 Aug. 2022 The shadow editor Secrecy was policy at the Capitolist — a fact formally acknowledged as Silagy and his consultants at Matrix considered buying a controlling interest in the media company. Sarah Blaskey, Anchorage Daily News, 27 July 2022 Big point is Dolan will retain controlling interest for at least six years. Terry Pluto, cleveland, 2 July 2022 Paradis would put up $5 million in capital and have a controlling interest, and Wright would have an ownership interest, prosecutors said. Dakota Smith, Los Angeles Times, 25 Apr. 2022 See More