11.   An alternative method of compelling minority shareholders to sell their shares in similar circumstances is to use a Court Scheme if that is appropriate.

12.   The matter was thrown into further confusion, however, when leave to appeal was granted to the minority shareholders.

13.   A spokesman for another minority shareholder, the London-based Liverpool Victoria Friendly Society had no comment on the situation.

14.   Although Perelman and Ford will be minority shareholders, they will be in charge.

15.   Also hanging over the offer is the controversy over how the French government treated minority shareholders of Eramet, a mining company.

16.   Also hanging over the offer is the controversy over the way the French government treated minority shareholders of Eramet, a mining company.

17.   Analysts, fund managers and politicians have criticized the operation for bypassing minority shareholders and for lacking industrial logic.

18.   Analysts said it is too early to conclude who will win the battle because that will depend largely on which side minority shareholders take.

19.   And as far as the treatment of minority shareholders is concerned, Switzerland is no worse than Germany, France, Italy or the Netherlands.

20.   And AOL Time Warner would face a situation with public minority shareholders that would reduce its flexibility.