The document discusses the control IAC has over a company due to its ownership of a significant portion of the company's shares. IAC's control allows it to influence major corporate decisions, including board elections, mergers, and stock issuances. The document also highlights potential conflicts of interest due to overlapping directors and officers between IAC and the company, and a corporate opportunity provision that may favor IAC over the company.
documents/EFTA01377984.pdf
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