drag-along right
drag-along right · drag-along rights
The right of a majority shareholder, when selling his/her stake, to force minority…The right of a majority shareholder, when selling his/her stake, to force minority shareholders to join the deal and sell their stakes according to the same terms and conditions.
Meaning
1 sensesThe right of a majority shareholder, when selling his/her stake, to force minority shareholders to join the deal and sell their stakes according to the same terms and conditions.
Forms
plural: drag-along rights| Singular | drag-along right |
|---|---|
| Plural | drag-along rights |
regular
Word family
1 related wordsRelatedtag-along right
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.