Comparative law notes
after a takeover bid
full
noun
after a takeover bid
where a group of shareholders in a company are able to force the remaining minority of shareholders to sell them their shares (eg in Germany, a group of shareholders owning at least 95% of a company's shares has the right to squeeze out the remaining shareholders)
Kapital was motivated to acquire over 90% in order to effect a squeeze-out of the minority shareholders.