What are override priveleges when you own part of?
January 29, 2010 – 3:36 pm
Deber: The Witch Is In asked:
a company? I bought a small part of a company that is now being sold. I was told to sell half of my portion, but keep the override priveleges in order to receive residual income. The company will eventually go public on the stock market, right now it is private.
a company? I bought a small part of a company that is now being sold. I was told to sell half of my portion, but keep the override priveleges in order to receive residual income. The company will eventually go public on the stock market, right now it is private.
What does this mean? Is there a website I can go to learn more?
Clive
One Response to “What are override priveleges when you own part of?”
couldnt find an exact definition. but it has to do with what control and partial say you would retain in the company.
By bgbbill on Feb 1, 2010