tag along drag along

“tag along drag along”: if the company will already be accquired how can the acquisition offer still be offered to all shareholders. This is the the definition of “tag along drag along”

When the company is REsold…the acquirer must not only offer to buy the equity owned by the private equity firm, but must also extend the offer to the equity owned by the managers.

when the first private equity company buys the company in the first instance, it will often issue equity to the management team to incentivise them and align their interests.

But yeah, the tag along drag along rights come into play when the company is REsold.