Quote:
Originally Posted by Horizon
People always think you have to have over the 50% to control, but it's all down to whether you can be outvoted or not. In the case of Murdoch, its not. He can't be outvoted because no one entity can get enough shares to outvote him, thus he has control.
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Sure, no
single entity can outvote him but decisions like this are decided by the majority. If the other shareholders want to go through with something, their votes tally up together and so yes, he could be outvoted.