Ask Experts Questions for FREE Help !
Ask
    jhonben's Avatar
    jhonben Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 20, 2006, 11:00 PM
    66% shares
    Hi, I owned the 66% of one company Can I sell this company even when the guy that owned the other 33 % does not want to? Florida company
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #2

    Dec 21, 2006, 01:36 AM
    Usually yes.

    Take a read through any special agreement you 2 signed, such as a partnership agreement.

    If you don't have one, then yes you can sell your portion, 66%, of the company to someone else, or to many other people.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Issuing of shares [ 2 Answers ]

If a new corporation was to sell shares, how exactly is this recorded in the books. I would assume you would Dr. the cash account and maybe Cr. The stock account?

Weighted average shares calculation [ 1 Answers ]

I need to Know the commonly accepted way to calculate the weighted average shares for EPS calculations. Could someone give examples?

Common Shares Question [ 3 Answers ]

As an investment advisor, you have been asked to pick one the following 3 stock options for your latest client. The client will be investing $25,000 in whichever option you pick. Your clients plans to hold the investment over the long run, so is not particularly concerned with "quick money." ...

Buying shares in a company [ 1 Answers ]

Would someone tell me how to go about buying a few shares of stock? I am interested in only buying a few shares at a time, until I feel comfortable with it. Is this possible? Or do I have to invest a large sum of money? Thanks. grets

View more questions Search