This refers to a right that gives power to the majority shareholder to enforce a minority shareholder to join in a particular companies sale. In this situation, the majority owner that is dragging is required to give the minority the same conditions, price, and terms as any other seller.
Drag-Along Rights
This refers to a right that gives power to the majority shareholder to enforce a minority shareholder to join in a particular companies sale. In this situation, the majority owner that is dragging is required to give the minority the same conditions, price, and terms as any other seller.
