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by acdha 3425 days ago
I believe this is the agreement you're referring to and it looks like it applies even to a change in ownership of 50% of the company:

https://www.sec.gov/Archives/edgar/data/2488/000119312509236...

1 comments

Does Apple even need to own a majority ownership to control the company? Couldn't they just purchase 49.9% of the company and set up the board of directors in their favor? With that much stake getting the company to do what you want it to do wouldn't be that difficult it seems.