ELI5: If a company is public and a person owns 75% of the shares, can they be kicked out/fired by other board members? Submitted by OrdinarilyAliveHuman t3_z8jo30 on November 30, 2022 at 6:24 AM in explainlikeimfive 29 comments 27
chicagotim1 t1_iydc5fy wrote on November 30, 2022 at 3:45 PM Technically, but almost always (if not 100% of the time) the person with 75% of the shares will also have >50% of the board seats and that would never happen. Permalink 1
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