controlling interest

But if they did that, they would have had to pay a control premium."

As a union, we have been vigilant in efforts to control premium increases - in 1996, there was no increase.

Synergies are achieved whenever two companies combine their operations and therefore, should not be included in the control premium.

Control premium is an amount that a buyer is usually willing to pay over the current market price of a publicly traded company.

Minority interest discounts are the inverse of control premiums, to which the following mathematical relationship exists:

Note that if publicly traded comparable company multiples must be used, the resulting implied enterprise value will not reflect a control premium.

Control premiums and their inverse, minority interest discounts, are considered before marketability discounts are applied.

This level of value generally contains a control premium over the intermediate level of value, which typically ranges from 25% to 50%.

While it is not without valid criticism, Mergerstat control premium data (and the minority interest discount derived therefrom) is widely accepted within the valuation profession.

Normally, the control premium is industry-specific and amounts to 20-50% of the market capitalization of a company calculated based on a 20-trading-day average of its stock price.

The defendants concede that this sale of control entitles those shareholders to a control premium; indeed, they emphasize that Viacom's transaction affords such a premium.

"The LVMH proposals would have enabled shareholders to access the only control premium that has been proposed to them to date," the company said in a statement today.

The most common source of data regarding control premiums is the Control Premium Study, published annually by Mergerstat since 1972.

A10 Controlling Medical Malpractice Republican governors and lawmakers in many states are mounting major campaigns to control premiums for medical malpractice insurance by limiting civil litigation.

While California remains a tort state, 26 other states, including New York, Massachusetts and Florida, have adopted some form of no-fault, and insurers argue this has helped control premiums.

All parties agree that when that occurs, the owners of control are entitled to a control premium and, normally, to the highest premium their controlling interest will command in the marketplace.

Time had said the $200 figure reflected a control premium and argued that to compare a buyout price that includes such a premium with a trading range is an inaccurate comparison.

He is credited for the successful sale of Maruti - which is seen as a landmark transaction (managed to extract a Rs 1000 crore control premium for the government).

By his calculation, the various Class A shareholders are being paid about $183.5 million for their voting rights, and that transaction assures that "any future control premium" will be shared equally among all shareholders.

Mergerstat defines the "control premium" as the percentage difference between the acquisition price and the share price of the freely traded public shares five days prior to the announcement of the M&A transaction.

The first issue of the review (winter 2011) included a paper on control premiums, minority interest discounts, and the fair market value standard; and a case study on the impact of health reform on a pharmaceutical company.

Inco's treasurer, Ian Austin, said the company needed the pill because trading volume typically soared when a big dividend was being paid, and that without it a raider could gain control without paying a control premium.

The offer was considered by analysts to be favourable to the Company, and David Webb criticised the deal saying Henderson was acquiring the stake on the cheap, without paying any control premium to minority shareholders of Henderson Investment.

The $300 million check to American Express, "in addition to having to buy all of Lehman's shares and pay a control premium for them, makes Lehman a somewhat less attractive purchase," said David B. Hilder, an equity-research analyst at Morgan Stanley.

From what I hear she usually goes for controlling interest.

He was soon to buy a controlling interest in the bank.

He then took the company public, keeping a controlling interest.

If they got close to a controlling interest, then you would get worried.

They say that you have options on a controlling interest.

But the family will no longer have a controlling interest in the business that made its name famous around the world.

This in turn will further aid the process of controlling interest rates.

A little more and he will hold the controlling interest."

Almost anything, he said, including a sale of a controlling interest in the newspaper, is now possible.

He fought his partner for a controlling interest in the company.

"You now own controlling interest in a failed spacecraft company."

These were turned into a limited company in 1874, and he then became managing director with a controlling interest.

I own controlling interests in various other banks as well.

The corporation has a controlling interest in a number of smaller companies.

At one time Ryan had controlling interest in 30 corporations.

Or they could have sold that controlling interest to someone else - heaven help us!

The cathedral would keep a controlling interest in the corporation.

He also bought a controlling interest in the estate agent's.

"She has controlling interest in all of them except yours, and she's working on that right now!"

Sitting next to old Fool as though she owned a controlling interest.

He also planned to gain controlling interest in a French bank.

The 15-member board continues to debate whether to sell even a part of the plant, let alone a controlling interest.

The agreement allows other countries to enter the market as well, but only with less than a controlling interest.

That will be harder to bear if there is little hope of a controlling interest in the near future.

She owns a controlling interest in the family company, you see."