Comment on It turns out Saudi Arabia will own 93.4 percent of EA if the buyout goes through, which is effectively all of it

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nogooduser@lemmy.world ⁨1⁩ ⁨week⁩ ago

Yeah but it isn’t really redundant (even if it could have been worded better). Someone might believe that the other shareholders have some say in how the company operates when they won’t.

So, as far as control over the company is concerned, the Saudis have 100% control even though they don’t have 100% of the shares.

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