capital call

capital call
 n.β€” Β«β€œRight now, it’s still status quo, with the Linas controlling the majority (shares) of Burger King and Romero, who will infuse fresh capital into the company for a projected expansion, conducting due diligence,” the professor said. β€œIt’s what is known in business as ’capital call.’ The money that will be infused by Mikee will dilute the shares of all the stockholders, including Bert Lina, eventually making Mikee the controlling entity. Thus, he will then own Burger King. I just don’t know if Air21’s PBA franchise was part of the package or if he had to pay separately for this.”» β€”β€œMikee’s role in Burger King” by Beth Celis Inquirer (Philippines) Jan. 14, 2009. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Mystery Date (episode #1577)

A librarian opens a book and finds a mysterious invitation scribbled on the back of a business card. Another discovers a child’s letter to the Tooth Fairy, tucked into a book decades ago. What stories are left untold by these forgotten...

Cool Beans (episode #1570)

If you speak a second or third language, you may remember the first time you dreamed in that new tongue. But does this milestone mean you’re actually fluent? And a couple’s dispute over the word regret: Say you wish you’d been able...

Recent posts