The deal will make Thomas the first black person with majority ownership of a major league sports team.

He was willing to wait for profits and possibly majority ownership.

Under Federal law, foreign carriers are not allowed to hold a majority ownership in a domestic airline.

I am going to contribute by being in majority ownership.

The changes allow majority foreign ownership of new construction and complete discretion over management practices.

The Deacon then acquired another 16th part to gain majority ownership.

Myers had been seeking new majority ownership to help finance the team, but was not able to find one.

His family will retain its majority ownership of the company.

But many Chinese Internet companies already have a majority foreign ownership.

As part of this process, that loan was converted into majority ownership in 1996.