To turn it back into a Building Society rather than leave it as a shareholder owned bank which is sold off.
Now mutually owned by their members, they want to become leaner, fitter and more modern by turning themselves into shareholder-owned companies.
The usual shareholder-owned-fund sponsors charge big fees and take a large fraction of them to their bottom lines.
The shareholder-owned outfits shy away from producing so many strains, because many of them are expensive to breed and end up as moneylosers.
The administration's plan would allow Fannie and Freddie to remain shareholder-owned companies.
In public, co-operative bankers and insurers continue to scoff at the idea that they would betray their local roots by going public or selling out to shareholder-owned companies.
The government's main aim is in line with a global trend: away from fragmented markets run as cosy brokers' clubs, and towards merged national markets managed by proper shareholder-owned companies.
In fact, the government's proposal to restore confidence in Fannie and Freddie--which includes extending their lines of credit from the Treasury and allowing Uncle Sam to buy their shares if necessary--is designed to help the mortgage buyers keep operating under their current, shareholder-owned business models.
Rio was seeking to shore up its finances (and fend off any future bids) by bringing in Chinalco, a state-owned Chinese firm, as a big shareholder.
It is owned by Associated Group, controlled by longtime TCI shareholder Myles Berkman.
The state investment fund also guaranteed it will maintain a controlling shareholder position in 10 other major state-owned financial institutions.
By the end of 1988, Cofipex (with a subsidiary) owned nearly 10%, making it the second-largest shareholder.
Many retailers in Germany are owned by wealthy families whose business priorities are not always the maximisation of shareholder value.
Its largest shareholder (55%) is the Shenzhen City SASAC (State-owned Assets Supervision and Administration Commission).
The stock had fallen 18 percent since the year began when investor Icahn burst onto the scene with his surprise announcement that he owned 9.5 percent of shares and would seek a meeting with management to discuss ways of boosting shareholder value.
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Mr Lerach's introduction of corporate-governance reforms into settlements helps him win round conservative judges (who, because settlements usually transfer funds from a company, already owned by its shareholders, to the same shareholders, minus fat legal fees, have tended to see shareholder suits as a negative-sum game).
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