Fair Price in Squeeze-Out Transactions
Fair Price in Squeeze-Out Transactions
Author(s): Feliksas MiliutisSubject(s): Social Sciences
Published by: Mykolas Romeris University
Keywords: squeeze-out; takeover-bid; merger; fair price; fair value
Summary/Abstract: ‘Squeeze-out” is considered as a situation, where a controlling shareholder exercises his legal right to oblige the minority shareholders of a targeted listed company to sell their shares of the target to him, which brings the target company private. This article discusses the topic of fair squeeze-out compensation from both European and US (Delaware) perspectives. The author of this paper argues that though legal settings of squeeze-outs and determination of fair compensation of squeeze-out differs from country to country, some general insights might be identified that in their own turn would allow to identify main practical and theoretical problems of protection of minority/majority shareholders’ rights related with the fair squeeze-out compensation.
Journal: Socialinių mokslų studijos
- Issue Year: 5/2013
- Issue No: 3
- Page Range: 769-792
- Page Count: 24
- Language: English