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Hi Daniel,How are these rights used in a PE context? Because PE firms have a majority stake, is it correct to say that in the case of drag along rights, it allows the PE firm(managers/sponsors) to sell the portfolio company and force other minority shareholders (not part of the PE fund) to sell as well?Also are these two rights usually inserted together?
Hi Daniel,
How are these rights used in a PE context? Because PE firms have a majority stake, is it correct to say that in the case of drag along rights, it allows the PE firm(managers/sponsors) to sell the portfolio company and force other minority shareholders (not part of the PE fund) to sell as well?
Also are these two rights usually inserted together?
