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...Each B share has 10 times the voting rights of a single A share. Ordinarily the B shares would convert into A shares on sale by the Glazers....
Deal makes fund the latest American investor to buy into English Premier League
...The Glazers control the company through supervoting B shares, which do not trade on the open market....
...One issue around Ratcliffe’s plan to buy the B shares is that United stock exchange filings say the class B shares are “automatically and immediately” converted into class A shares on transfer from the Glazers...
...York will now admit some overseas applicants who achieved the equivalent of B/B/C grades at A level into its undergraduate programmes, or a 2:2 degree to join its postgraduate courses....
...The Ratcliffe deal allows the Glazers to retain overall control of the club while making at least $900mn from the sale of 25 per cent of their B shares, which carry more voting rights....
...Typically, B shares convert into A shares when the Glazers sell. However, one of the people said the goal is for Ratcliffe to hold B shares because of the appeal of the voting rights....
...Under the terms of the deal being discussed, the Ineos founder is set to buy about a quarter of United’s A and B shares from the Glazers, who have controlled the club since 2005, according to people familiar...
...They were joined by basketball legend and investor Magic Johnson. Further constraints, across various leagues, are the limits on how much debt may be used....
...capital fund she founded in 2017; Sir Lewis Hamilton, the seven-time F1 champion, joined the Walton-Penner ownership group that bought the NFL’s Denver Broncos for $4.6bn in June 2022; and Earvin “Magic” Johnson...
...In 1937 the writer began what would have been his first theatrical play, to be called Human Wishes, and based on the life of Samuel Johnson....
...As I write in my column this week, Rishi Sunak’s strategy is to go into the next election with a platform that is in every major aspect further from the median voter than Boris Johnson: Boris Johnson’s...
...HOLD: Bioventix (BVXP) Its products might sound obscure, but they’re prized by medical researchers, writes Jennifer Johnson....
...We haven’t mentioned the B-word yet. Bonds....
...The Baillie Gifford prize for non-fiction was founded in 1999 and originally named after the 18th-century author and lexicographer Samuel Johnson....
...and the US’s Indo-Pacific allies to stricter controls at the US-Mexico border collapsed this week under the weight of opposition from Donald Trump The failure of that bill prompted Schumer to push “Plan B,...
...When Democrats were in the White House — starting with Franklin D Roosevelt and then under John F Kennedy, Lyndon B Johnson, Bill Clinton, and even Barack Obama — they favoured internationalist policies,...
...But Samuels argues for a bigger-picture view....
...Its failure sparked a salvage effort by Democrats, with Senate majority leader Chuck Schumer proposing a “Plan B” to keep funding for Kyiv intact — raising hopes that further US backing for Ukraine could...
...Polman, Branson and Brodin are all members of the B Team, a group of corporate veterans founded to promote responsible business....
...Additional reporting by Samuel Agini and Oliver Barnes...
...In a smashing 1934 self-portrait, Samuel Joseph Brown confronts viewers with a level gaze....
...Though classical in its scoring, it traverses the various music genres of the African diaspora — from west African drumming to gospel, jazz, soul and R&B — the aim being, says Witter-Johnson, to showcase...
...B-teams should always be as capable and well-resourced as possible and some will be more adept than expected....
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