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View Diary: How You, Me and 10 Million Others Could Buy Clear Channel (53 comments)

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  •  If you get a certain percentage, it's (3+ / 0-)
    Recommended by:
    murphy, spotDawa, AikoAdam

    not that hard to get people on the board.  Proxy fights are expensive and difficult because the insurgents don't enough stock to vote someone in themselves.

    IIRC, 15% ownership is usually enough to vote in some directors.

    "[G]lobalization is...increasing the efficiency of resource allocation through stronger capital markets" - Barack Obama

    by burrow owl on Sat Apr 05, 2008 at 01:43:00 PM PDT

    [ Parent ]

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