ðˈʌs, hiː wʌz nˌɪɹɪŋ ðə mˈæksɪməm twˈɛnti nˈaɪn.nˈaɪnti nˈaɪn pɚsˈɛnt θɹˈɛʃoʊld, bᵻjˌɔnd wˌɪtʃ ɐ kəmpˈʌlsɚɹi ˈɔfɚ fɔːɹ ˈɔːl ɹᵻmˈeɪnɪŋ ʃˈɛɹz mˈʌst biː mˈeɪd.
Thus, he was nearing the maximum 29.99% threshold, beyond which  a compulsory offer for all remaining shares must be made.