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along - How To Discuss

By Isabella Little

Tag-along,

Definition of Tag-along:

  1. A legal right in corporate law that ensures if the majority shareholder sells his stake all ■■■■■■■■ shareholders will be allowed to participate in the deal, allowing them to sell their stakes under the same terms and conditions of the majority shareholder. This right is generally a standard part of any shareholders agreement with a purpose of protecting the interests of ■■■■■■■■ shareholders.

Meaning of Tag-along & Tag-along Definition