Chapter 19 - WHY MY TWELVE PERCENT HAD TO DISAPPEARThe special committee reconstructed the voting math.
My parents controlled just under thirty-four percent directly.
Allied executives and a family holding entity controlled another nineteen.
Together:
Enough for many ordinary matters.
Not enough for the specific shareholder approval required if the related-party restructuring moved forward under the proposed terms.
My twelve percent could block the necessary threshold when combined with two independent holders.
If I transferred my shares into the family voting LLC, Dad’s bloc would become decisive.
That was why the agreement arrived at my hospital bed.
Kirk was not the cause.
He was leverage.
My mother used shame.
My father used urgency.
Neither needed to believe they were stealing from me.
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They believed the company’s survival justified making my choice for me.
That belief was the real danger.
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