sell-out

sell-out
Following a takeover offer for a UK company made on or after 6 April 2007 the right of a minority shareholder who has not accepted the offer (under section 983 of the Companies Act 2006) to be bought out by the bidder if the bidder has acquired or unconditionally contracted to acquire 90% in value of the target company's shares and 90% of the voting rights carried by the shares (whether by virtue of acceptances of the offer or by other acquisitions of the shares).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • sell-out — ˈsell out noun [singular] MARKETING if a product, share offer, event etc is a sell out, it is very successful and lots of people buy it or go there, and no more products, shares, tickets etc are available: • The $200 million five year bonds were… …   Financial and business terms

  • Sell-out — Sell out, Sell|out [ sɛl|a̮ut], der; [s], s [zu engl. to sell out = ausverkaufen] (Börsenw.): panikartiger Verkauf von Wertpapieren mit der Folge, dass die Kurse stark fallen. * * * Sell out   [selaʊt; englisch to sell out »ausverkaufen«] das, ,… …   Universal-Lexikon

  • sell-out — sell outs also sellout 1) N COUNT: usu sing, oft N n If a play, sports event, or other entertainment is a sell out, all the tickets for it are sold. Their concert there was a sell out. ...sell out shows. 2) N COUNT: usu sing, oft N to n… …   English dictionary

  • sell out — {v.} 1a. To sell all of a certain thing which a store has in stock. * /In the store s January white sale the sheets and pillowcases were sold out in two days./ 1b. To sell all the stock and close the store; go out of business. * /The local… …   Dictionary of American idioms

  • sell out — {v.} 1a. To sell all of a certain thing which a store has in stock. * /In the store s January white sale the sheets and pillowcases were sold out in two days./ 1b. To sell all the stock and close the store; go out of business. * /The local… …   Dictionary of American idioms

  • Sell-out — Sell out, auch Sell|out [ sɛl aut] der; , <aus engl. sell out »Ausverkauf« zu to sell out »ausverkaufen«> panikartige Verkäufe von Wertpapieren mit der Folge stark fallender Kurse (Börsenw.) …   Das große Fremdwörterbuch

  • sell out — abandon one s principles for reasons of expedience. → sell sell out sell all of one s stock of something. → sell …   English new terms dictionary

  • sell out of — sell out (of (something)) to sell all of something, so that there is none left. We sold out of the souvenir T shirts in the first couple of hours. During the summer the campgrounds are sold out each night. Her cruises regularly book up months in… …   New idioms dictionary

  • sell out — (of (something)) to sell all of something, so that there is none left. We sold out of the souvenir T shirts in the first couple of hours. During the summer the campgrounds are sold out each night. Her cruises regularly book up months in advance… …   New idioms dictionary

  • sell out — (someone/something) to stop being loyal to someone or something. He accused Congress of selling out the American people to lawyers who opposed the bill. I could sell you all out and go straight to the police with this information. Usage notes:… …   New idioms dictionary

  • sell-out — sell|out [ˈselaut] n [singular] 1.) a performance, sports game etc, for which all the tickets have been sold ▪ The concert was expected to be a sell out. ▪ a sellout crowd of 32,000 2.) informal a situation in which someone has not done what they …   Dictionary of contemporary English

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