Legal Question in Civil Rights Law in Iowa
minority shareholder rights
How can minority shareholders sell out of a family held corporation at a fair value when the majority will not make a fair offer?
Asked on 5/08/05, 5:33 pm
1 Answer from Attorneys
Robert Luedeman
solo practitioner
Re: minority shareholder rights
Are the majority owners obliged to buy your shares at a set price? If no agreement can be reached, can you sell them elsewhere? If the answer to these questions is answered in the negative you may be stuck with a bad investment.
Answered on 5/09/05, 5:05 am
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