Rump

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Rump

Usually used in the context of a merger or acquisition. A group of shareholders who refuse to tender their shares for a merger or acquisition. In a merger of Company A and Company B for example, if a sufficient number of Company B shareholders do not tender their shares, the new company will not be able to access the cash flows of Company B.

Rump

In a merger or acquisition, the shareholders who refuse to sell their stock. If the merger or acquisition is successful, the rump becomes powerless; however, refusal to sell can deprive the acquiring company from some of the company's cash flow. This can discourage the acquiring company from completing the merger or acquisition in the first place.
References in periodicals archive ?
In the analysis of the fleece yield of the Norduz and Zom sheep, the cleanest fleece was found in the flank, and the least clean was found in the rump, a finding compatible with the litera ture (Kucuk et al.
Carruthers said the rump area became infected before Christmas but had started healing.
A retired horse racing jockey living at the home had just smacked the horse on the rump and said, 'goodbye, Scooter Pie' - the first words he had spoken in seven years.
The body ratio index showed that the Assam Hill goat is slightly lower at the withers than the rump.
Cook's tip - A good alternative to the rump steak is ground minced beef, if using this, make sure the patties are cooked all the way through.
It is specious to refer to the rump which is left as the United Kingdom, because it clearly is not.
Turn the rumps over and seal on all the other sides for a further five minutes, then place them on a foil-lined dish in the oven.