Zuhyc said:
Kasz216 said:
binary solo said:
8.25% shareholding is possibly the minimum amount of stock required to guarantee representation on the board of directors. When you have someone on the board of directors then you have the ability to directly influence decisions. Going multiplat or staying exclusive would be a decision for the board of directors not the CEO. When you have someone on the board of directors who represents the interests of a mega-corporation that is many times larger than you, then you don't make decisions that will piss them off.
If Sony wants a seat on the SE board and they need an 8.25% shareholding to do it, you can be damned sure that no matter what mergers and acquisitions happen they will maintain their 8.25%. |
Sony has noone on the Square Enix Board of Directors.
http://www.square-enix.com/jp/company/e/officer/
So... yeah.
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Those shares are non voting as well. Sony bought them so Squaresoft wouldn't go bankrupt.
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That's what i've heard... but i've found no mention of the shares being non-voting the farther i looked.
It is consistant with the Microsoft/Apple deal where Microsoft bought part of Apple to keep Apple afloat. (Due to some deals they made).
Though it is impossible to even find articles about the deal anyway. I swear what i hate about blogs is, you've got hundreds of websites parroting the same story and it makes it impossible to find the stories you want, because the most recent similar one takes up like the first 10 pages.
