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squeezeout

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Legal Dictionary

Main Entry: squeeze·out
Pronunciation: 'skwEz-"aut
Function: noun
: a corporate action or series of actions (as a refusal to declare dividends or the restricting of decision-making power in corporate governance) through which majority shareholders deprive minority shareholders of the benefit of stock ownership usually as part of an attempt to force sale of minority shares —compare FREEZEOUT
NOTE: Freezeout and squeezeout are sometimes used as synonyms.
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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