minority squeeze-out

Minority Squeeze-Out

In joint stock companies, to buy the stocks of a minority group of shareholders without their necessary consent. A group of shareholders owning the large majority of the company have the ability to squeeze out remaining shareholders. The percentage of shareholders needed varies between jurisdictions. For example, the United Kingdom requires shareholders owning 90% of the company to consent to squeeze out the other shareholders, while Germany requires 95%. Minority shareholders receive compensation in return for surrendering their shares.

minority squeeze-out

The elimination of minority shareholders by controlling shareholders.
References in periodicals archive ?
Furthermore, Citi compared the premium paid in 53 minority squeeze-out transactions to the proposed premium to Taro's shareholders over the Taro closing price of $19.
a leading independent proxy advisory firm, has recommended that its clients vote AGAINST the proposed Sears Canada minority squeeze-out transaction.
Ackman of Pershing Square stated, "We are pleased that ISS agrees that Sears Canada shareholders should vote against the proposed minority squeeze-out transaction.
8% of the share capital of AXA Konzern as of the end of the offer period, thereby exceeding the 95% threshold that is a condition to launching a minority squeeze-out.
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