The term is used to refer to an individual or group of investors working in partnership whose ownership in a company, although significant, equates to less than 50 percent of total voting shares and as a result does not a control of that company.
The term is used to refer to an individual or group of investors working in partnership whose ownership in a company, although significant, equates to less than 50 percent of total voting shares and as a result does not a control of that company.