Drag-along right — is a legal concept in corporate law. The right assures that if the majority shareholder sells his stake, minority holders are forced to join the deal. This right protects majority shareholders.[1] Drag along rights are fairly standard terms in a… … Wikipedia
drag along rights — Rights contained in a company s articles of association for a majority of the shareholders (usually more than 75% in nominal value) to accept an offer to buy their shares and to force the holders of the remaining 25% to accept such an offer.… … Law dictionary
drag-along rights — Rights contained in a company s articles of association for a majority of the shareholders (usually more than 75% in nominal value) to accept an offer to buy their shares and to force the holders of the remaining 25% to accept such an offer.… … Law dictionary
drag along right — Rights contained in a company s articles of association for a majority of the shareholders (usually more than 75% in nominal value) to accept an offer to buy their shares and to force the holders of the remaining 25% to accept such an offer.… … Law dictionary
drag-along right — Rights contained in a company s articles of association for a majority of the shareholders (usually more than 75% in nominal value) to accept an offer to buy their shares and to force the holders of the remaining 25% to accept such an offer.… … Law dictionary
Drag-Along Rights — A right that enables a majority shareholder to force a minority shareholder to join in the sale of a company. The majority owner doing the dragging must give the minority shareholder the same price, terms, and conditions as any other seller. This … Investment dictionary
Drag — Drag, v. t. [imp. & p. p. {Dragged}; p. pr. & vb. n. {Dragging}.] [OE. draggen; akin to Sw. dragga to search with a grapnel, fr. dragg grapnel, fr. draga to draw, the same word as E. draw. ? See {Draw}.] 1. To draw slowly or heavily onward; to… … The Collaborative International Dictionary of English
drag — 1 verb dragged, dragging 1 PULL ALONG THE GROUND (T) to pull someone or something along the ground, often because they are too heavy to carry: drag sth away/along/through etc: Inge managed to drag the table into the kitchen. | Angry protesters… … Longman dictionary of contemporary English
drag — drag1 [ dræg ] verb ** ▸ 1 pull with difficulty ▸ 2 pull someone against will ▸ 3 make someone do something ▸ 4 touch ground ▸ 5 when time seems slow ▸ 6 in computing ▸ 7 search water with net ▸ + PHRASES 1. ) transitive to pull something or… … Usage of the words and phrases in modern English
drag — I UK [dræɡ] / US verb Word forms drag : present tense I/you/we/they drag he/she/it drags present participle dragging past tense dragged past participle dragged ** 1) [transitive] to pull something or someone along with difficulty, for example… … English dictionary
drag — drag1 W3S3 [dræg] v past tense and past participle dragged present participle dragging ▬▬▬▬▬▬▬ 1¦(pull something)¦ 2¦(pull somebody)¦ 3 drag yourself to/into/out of etc something 4¦(persuade somebody to come)¦ 5¦(computer)¦ 6¦(be boring)¦… … Dictionary of contemporary English