> He owned the equity, and therefore theoretically had control over its management. Except, for example, if there were different share classes with voting rig

> He owned the equity, and therefore theoretically had control over its management. Except, for example, if there were different share classes with voting rights or if the "float" is small [0]. [0] https://www.investopedia.com/articles/basics/03/030703.asp https://www.investopedia.com/articles/basics/03/030703.asp