M&A Foundations · glossary
A private contract among a company's shareholders governing how they will run and eventually exit the company — board seats, veto rights, and transfer rights such as drag-along and tag-along. Reviewed in diligence and normally terminated at completion. Chapter 3
Explained in Chapter 3, Deal Types and Structures, of M&A Foundations.
The main page for this term is Shareholders' Agreement, in Shareholders' Agreements.
Every chapter of M&A Foundations is free to read, including the full training share purchase agreement.
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open M&A Foundations → · All terms A–Z →