MINORITY SQUEEZE-OUT
\ma͡ɪnˈɒɹɪti skwˈiːzˈa͡ʊt], \maɪnˈɒɹɪti skwˈiːzˈaʊt], \m_aɪ_n_ˈɒ_ɹ_ɪ_t_i s_k_w_ˈiː_z_ˈaʊ_t]\
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The action of a particular company's shareholder majority moving to buy up a minority shareholder's stock to eliminate that shareholder. For the purchase of the minority shareholders' remaining stock, the buyout offers proper compensation.
By Henry Campbell Black
Word of the day
dust storm
- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"