Drag along rights

Rights contained in a company's articles of association (www.practicallaw.com/A35857) for a majority of the shareholders (usually more than 75% in nominal value) to accept an offer to buy their shares and to force the holders of the remaining 25% to accept such an offer. For an example of a drag along clause, see Standard clause, Drag along rights: articles of association: joint ventures (www.practicallaw.com/6-380-4866).

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