Remember the scenario where you sell a majority of the shares in your corporation and can no longer guarantee that you have enough votes to do what you want? For most listed companies it’s not just one person or corporation who buys those shares from you. Instead it can be hundreds, thousands, or even hundreds of thousands of different people who end up owning your corporation’s shares. When no single
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28. Widely-held (definition)
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Remember the scenario where you sell a majority of the shares in your corporation and can no longer guarantee that you have enough votes to do what you want? For most listed companies it’s not just one person or corporation who buys those shares from you. Instead it can be hundreds, thousands, or even hundreds of thousands of different people who end up owning your corporation’s shares. When no single