NO.PZ202301100200000302
问题如下:
Which of the following clauses is most likely to be included in Section 2 of Shoshone’s brochure?选项:
A.Liquidation preference B.Reserved matters C.Tag-along, drag-along rights解释:
SolutionC is correct. Tag-along, drag-along rights protect the interests of managers, not the private equity firm. Tag-along, drag-along rights ensure that any potential future acquirer of the company may not acquire control without extending an acquisition offer to all shareholders, including the management of the company.
A is incorrect because liquidation preferences place the returns of the private equity firm ahead of those of other investors, including the portfolio firm’s managers.
B is incorrect because private equity firms may require that certain strategically important decisions (such as acquisitions or divestitures) be approved by the private equity firm, protecting its equity interests, not those of managers.
tag along,drag along 描述的不是大股东和小股东之间的关系吗