View source for Sell-out

1.  ''Treasury - corporate finance - company law - minority shareholders - UK''.

Under UK company law, the rules relating to sell-outs are designed to protect dissenting / minority shareholders, while balancing the interests of the company as a whole.

In a takeover, if the buyer gets 90% or more acceptances of their offer, a minority shareholder - who has not yet accepted the offer - can then require the offer to acquire their shares at the same buyout price.

This is known as a "sell-out" by the previously dissenting minority (UK Companies Act 2006 - Section 983 - Right of minority shareholder to be bought out by offeror).


There is a corresponding rule in favour of offeror under UK company law, known as a "squeeze-out".


2.  ''Treasury - corporate finance - company law - minority shareholders''.

Similar rules in other jurisdictions, differing in their details.


==See also==
* [[Company law]]
* [[Corporate finance]]
* [[Economics]]
* [[Financial markets]]
* [[Jurisdiction]]
* [[Minority interest]]
* [[Offeror]]
* [[Squeeze-out]]
* [[Takeover]]
* [[Treasury]]


==Other resources==
*[https://www.legislation.gov.uk/ukpga/2006/46/section/983 UK Companies Act 2006 - Section 983 - Right of minority shareholder to be bought out by offeror]
*[https://www.legislation.gov.uk/ukpga/2006/46/contents UK Companies Act 2006 - text]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]