Tag-along,

Definition of Tag-along:

1. A legal right in corporate law that ensures if the majority shareholder sells his stake all ■■■■■■■■ shareholders will be allowed to participate in the deal, allowing them to sell their stakes under the same terms and conditions of the majority shareholder. This right is generally a standard part of any shareholders agreement with a purpose of protecting the interests of ■■■■■■■■ shareholders.