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I wonder what the implications of this clause is?"each Minority...

  1. 188 Posts.
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    I wonder what the implications of this clause is?
    "each Minority Shareholder providing the Company with an executed Short Form Sale Agreement"
    Is this equivalent to an open cheque to the company as far as minority shareholders are concerned? Does this mean that they intend only major shareholders to remain after consolidation? And if we have to sell, at what price? For that matter, how many shares will you need to hold to be classed as a major shareholder?
 
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