appraisal right

appraisal right definition - business

appraisal right

The right of minority shareholders to obtain an independent valuation of their shares to determine a fair value in a two-tier tender offer. See also fair price amendment.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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