The Esk
Player Valuation: £70m
Does anyone know if they will/can use a drag/tag provision to buy out all of the shareholders? It'd make things a bit easier for them but be a bit more expensive
If they have agreement of 75% or more of shareholders they can apply for a scheme of arrangement through the High Court to acquire the remaining shareholder's holdings. If they have 90% approval they have compulsory purchase rights.