Mr Buffett thinks this is still “very expensive currency” to acquire Cadbury, but as the amount of new stock is less than 20% of existing capital, Kraft no longer needs shareholder approval.
巴菲特先生认为购买吉百利仍然“代价十分昂贵”,但由于新股的总额小于现存资本的20%,因此此项交易不需要股东的赞成。
For example being able to change the dollar amount used to determine when approval is needed.
例如,在需要审批时能够更改作为审批依据的金额。
In some cases, you may have to meet requirements, such as losing a specific amount of weight or following a formal diet plan, before your insurance will grant approval.
有时,你可能需要满足一些要求,比如在保险机构同意之前减去一定体重,或进行正规的饮食计划。
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