Shareholders' Agreements · glossary
The right of owners holding at least 75% of the shares to make the others sell to their buyer, at the same price and on the same terms. Ferris alone, with 55%, cannot drag. Only Ferris and Aldous & Wren together can, so only Dr Sayer can ever be dragged. Clause 13.1 · Article 14 · Chapter 8
Explained in Chapter 8, Exit, of Shareholders' Agreements.
Also explained in M&A Foundations and Venture Deals.
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