21. Oakley Inc. said Chairman and President Jim Jannard plans to increase his majority ownership of the company by buying as many as one million shares. 22. One American diplomat said major points of contention included the American demand that China allow majority foreign ownership in the telecommunications and financial-services industries. 23. Sabates, who sold the majority ownership of his two Winston Cup teams to Chip Ganassi last year, is known for being outspoken. 24. Santander has insisted on obtaining majority ownership as well as management control. 25. Right now, Japan does not permit foreign majority ownership in a domestic company. 26. Smith vowed then that he and SMI would help France, whose family enjoys majority ownership of the rival International Speedway Corp., to build NASCAR. 27. Some politicians want foreigners to be limited to five-year majority ownership of finance companies. 28. The company already owns Michigan Speedway, Nazareth Speedway, the California Speedway, majority ownership of North Carolina Motor Speedway and a part interest in a Florida complex. 29. The distributors and wholesalers, which must have majority Texas ownership, must buy from the manufacturer. 30. The government will still hold majority ownership and ultimate decision-making power. |