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Funding and ownership

Tag-along

A clause letting smaller shareholders join a sale on the same terms if the majority sell their shares, so they aren't left behind with a new owner.

A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.

You'll hear it as

The tag-along means the buyer has to offer us the same price.

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