freezeout
- A freezeout is a process initiated by key members of a corporation, like the board of directors or controlling shareholders, with the intent of eliminating minority shareholders' stake in the corporation, often through the sale of their shares
- In an attempt to consolidate power, the board of directors initiated a freezeout to eliminate minority shareholders.
- The controlling shareholders of the corporation implemented a freezeout to remove the equity of minority shareholders.
- The minority shareholders protested against the proposed freezeout by the corporation's board.
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