3 ms·MIT does not have any say in the running of the company, all their shares are non-votingby JBorrow 7y agoMIT does not have any say in the running of the company, all their shares are non-votingauxym 7y agoSo they have 100% of the shares, which are all nonvoting?jsty 7y agoNo, they have a majority of the shares, and "will not participate in the management or governance of the company" under the terms of the gift [0] [0] http://news.mit.edu/2011/bose-gift http://news.mit.edu/2011/bose-gift