Slaight also continues to hold minority investments in three other small radio station groups.
Companies have established about 10,000 of the plans, but nearly all involve minority investments and little or no say in a company's management.
For instance, they plan to exempt certain minority investments in other companies on the ground that existing rules already cover them.
In 1998, McDonald's made an initial minority investment in the company.
Miller focused on mergers, joint ventures, strategic partnerships and minority investments.
H&F invests in a variety of structures, frequently making minority investments with only limited controls.
At this stage of the discussions, what they're talking about is a minority investment.
The minority investment might have been floated to diffuse controversy.
Investors have been acquiring businesses and making minority investments in privately held companies since the dawn of the industrial revolution.
Executives at all three networks say they are also considering minority investments like Fox's in stations or station groups.