That's typically enough to control a company. You don't have absolute control, but organizations with as little as 5% have an outsized influence. I'm not real

That's typically enough to control a company. You don't have absolute control, but organizations with as little as 5% have an outsized influence. I'm not really sure why that is, but back when I was doing mutual funds the fund managers would say companies were "controlled by" as stockholder with a relatively small number of shares. Sometimes it really is enough for absolute control, since not all shares are voting shares. The NYT is a good example of this.