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Bring-along rights
Contractual rights pursuant to which minority shareholders are required to sell their securities in connexion with a sale by the majority shareholders. Such rights typically apply in connexion with an acquisition transaction such as a sale of all the shares of stock or a sale of all or substantially all the assets of a company. Also known as "drag-along rights."
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Private equity
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