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Old 22 Oct 2002, 23:11 (Ref:410765)   #25
greg.n
Racer
 
Join Date: Aug 2002
Location:
NewZealand
Posts: 254
greg.n should be qualifying in the top 10 on the grid
Latest Autosport has CART changing some rules to allow Forsythe to buy more shares but everything above 15% of the stock must vote with the reccomendations of the board. So if you own more than 15% the extra has to support the board. Mind you, Forsythe is on the board...
So if Bernie wanted to buy 51%,36% would have to vote along with the board even if Bernie didn't agree. ie, under the current rules.
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