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drag-along rights

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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.

Notes:
This is designed to protect the majority shareholder. Because some buyers are only looking to have complete control of a company, drag-along rights help to eliminate minority owners and sell 100% of a company's securities to the buyer.

drag-along rights
The right of majority shareholders to force minority shareholders to join in a sale of a company. These rights allow majority shareholders to complete a sale in the event a buyer wants to own 100% of the firm.
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Additionally, with respect to the DSI shares, there are co-sale rights in favor of the Endan Shareholders and drag-along rights in favor of DSSI.
DSSI Subsidiary, Decision Systems Israel, Signs MOU to Acquire Endan ... by Business Wire
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