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 ?
HAVE: A lean 8oz rump steak and oven chips 0.4g salt (555 cals, 16.5g fat)
My dad was more than content with the 8oz rump steak. Apparently cooked to just how he ordered it done and accompanied with the 'usual' onion rings, tomato, mushrooms, peas and chips
M Clementine Juice (1l) BOGOF (pounds 1.39 each)' M Eat Smart Steak & Chips (400g) buy 2 for pounds 3.50' M Pork & Pepper Kebabs (450g) buy 2 for pounds 5' M BBQ Beef Rump Steak (320g) buy 2 for pounds 5.
He said one teacher's bottom was like a "piece of prime rump steak", a conduct hearing was told.
The eaterie specialises in huge cuts of meat, including a huge 20 ounce He Man rump steak.
Pork sausage pounds 5.80 kilo Rump steak pounds 15.90 kilo Lamb chops pounds 10.90 kilo
1 onion, chopped; 2 cloves of garlic, chopped; 1/2tsp chillies, crushed; 250g mushrooms, chopped; 600g frying or rump steak, chopped; 2tbsp tomato puree; 500g fresh beef gravy; 100ml water; 2 x 410g cans red kidney beans, rinsed; sour cream; salsa
BLACKWELL'S Steak burgers 70p each Rump steak pounds 15.50 kilo Pork chops pounds 6.60 kilo CO-OP Pilgrim's Choice Cheddar, 265g pounds 2.99 each, buy one get one free FOX'S Own grown Primo cabbage 50p each Large nectarines three for pounds 1 English celery 75p a head MORRISONS M microwave egg fried rice, 250g 79p each, buy two for pounds 1 SAINSBURY'S PG Tips Pyramid, 160s, 500g pounds 3.19 each, buy two for pounds 4.50 TESCO Cadbury The Chocolate Gateau was pounds 2.50, now pounds 1.25
Surf and turf (seafood and beef combo) made with rump steak (lean and fat), scampi in bread crumbs, fried frozen chips, tinned peas.
500g rump steak; 2tbsp sunflower oil; 1 onion, sliced; 2 cloves garlic, chopped; 150g button mushrooms, wiped; 320ml carton fresh beef gravy; salt and pepper; 1tbsp snipped chives; 150ml sour cream
Rump steak pounds 15.90 kilo Pork steaks pounds 7.50 kilo Chicken fillet pounds 8.80 kilo
Horrified home shoppers turned to the posh food pages of a catalogue to find a fly noshing away on a juicy rump steak.