MESSAGE
| DATE | 2015-09-04 |
| FROM | Paul Robert Marino
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| SUBJECT | Re: [NYLXS - HANGOUT] Welcome to the new Google
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Yes they can depending on how they are set up.
There are different classes of stock some give voting rights others do
not. the voting shares determine who owns the company. nonvoting
shares are simple capital investment.
CBS and Viacom are great examples of this all of their voting shares
are owned by Daniel Redstone and his relatives but both of those
companies and their subsidiaries have issued nonvoting stock and even
if you acquire 100% of the non voting stock in one of those companies
you still don't own the company nor can yo be on the board of
directors.
On Thu, Sep 3, 2015 at 9:51 PM, Ruben Safir wrote:
>
> On 09/03/2015 09:49 PM, prmarino1-at-gmail.com wrote:
>> So they intend to make it easier to carve off sub companies that aren't making money but since they are google companies they will sell for higher prices. I'm reminded of Viacom's model ‎after the first couple of years, if it doesn't make at least $500 million a year for two years running sell it off because it's probably going down hill.
>>
>> Original Message
>> From: Ruben Safir
>> Sent: Thursday, September 3, 2015 21:40
>> To: Hangout
>> Reply To: hangout-at-nylxs.com
>> Subject: [NYLXS - HANGOUT] Welcome to the new Google
>>
>>
>> https://abc.xyz/#
>>
> subsidiers have their own stock?
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