By your maths it’s 10/50.01=19.99% nationalised, actually. :P
Comment on U.S. takes 10% stake in Intel as Trump flexes more power over big business
vacuumflower@lemmy.sdf.org 14 hours ago10% is not “nationalized”. It’s “4.99% nationalized”. Need to have a majority stake (like 50.01%) to call it “nationalized”.
Or maybe I’m wrong.
leezh@lemmy.blahaj.zone 14 hours ago
vacuumflower@lemmy.sdf.org 13 hours ago
Yes, I’ve already fixed myself, it was sad
randompasta@lemmy.today 13 hours ago
10% is a controlling share. The government (Trump) owns enough to make major decisions about how the company is run.