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<blockquote data-quote="Angela Channing" data-source="post: 421783" data-attributes="member: 33">I always thought The Globe a publicly listed company so at some point in its history some of its shares would have been put on the market and the company floated on the stock exchange. Typically when companies do this, owners keep a majority shareholding so they can retain control of the company and the shares sold are purely for raising money or to enable existing investors to liquidise some of the money they have in the company. For example, Douglas could have owned 75% of the company and 25% were traded on the stock market. Richard got 50% of Douglas&#039;s shares which would have been 37.5% of the shares overall and Emma and Julia would each have inherited 18.75% of the company (equivalent to 25% of Douglas&#039;s shares). Small shareholders wield very little power on their own, so Richard&#039;s 37.5% share would be enough to control the company.When Angela was buying up shares, she would have been purchasing them on the open market.</blockquote>

[QUOTE="Angela Channing, post: 421783, member: 33"] I always thought The Globe a publicly listed company so at some point in its history some of its shares would have been put on the market and the company floated on the stock exchange. Typically when companies do this, owners keep a majority shareholding so they can retain control of the company and the shares sold are purely for raising money or to enable existing investors to liquidise some of the money they have in the company. For example, Douglas could have owned 75% of the company and 25% were traded on the stock market. Richard got 50% of Douglas's shares which would have been 37.5% of the shares overall and Emma and Julia would each have inherited 18.75% of the company (equivalent to 25% of Douglas's shares). Small shareholders wield very little power on their own, so Richard's 37.5% share would be enough to control the company. When Angela was buying up shares, she would have been purchasing them on the open market. [/QUOTE]

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