Suppose that a shareholder can gain effective control of a company with 30% of the shares. Explain

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Suppose that a shareholder can gain effective control of a company with 30% of the shares. Explain how a shareholder might gain control of company Z by setting up a holding company X2 that holds shares in a second holding company X, which in turn holds shares in Z.
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Principles of Corporate Finance

ISBN: 978-1259144387

12th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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