Which of the following is a minority owner of Equinox?

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Multiple Choice

Which of the following is a minority owner of Equinox?

Minority ownership means holding a stake that doesn’t give control of the company. In Equinox’s setup, the investors who don’t control the business are L Catterton and Silver Lake. Their stakes are smaller relative to the controlling owner, so they’re minority owners. Related Companies and Stephen Ross are the major owners, i.e., they hold the controlling stake. So naming both L Catterton and Silver Lake correctly identifies the minority investors. The other options either point to the controlling owners or don’t reflect the actual minority pairing.

Minority ownership means holding a stake that doesn’t give control of the company. In Equinox’s setup, the investors who don’t control the business are L Catterton and Silver Lake. Their stakes are smaller relative to the controlling owner, so they’re minority owners. Related Companies and Stephen Ross are the major owners, i.e., they hold the controlling stake. So naming both L Catterton and Silver Lake correctly identifies the minority investors. The other options either point to the controlling owners or don’t reflect the actual minority pairing.

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