CONTROLLERSHIP Definition

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CONTROLLERSHIP is the position of controller. See CONTROLLER.

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INVESTEE is the legal entity into which an investor has made an equity investment.

TAG-ALONG RIGHTS is a contractual obligation used to protect a minority shareholder (usually in a venture capital deal). Basically, if a majority shareholder sells their stake, then the minority shareholder has the right to join the transaction and sell their minority stake in the company. Also referred to as co-sale rights.

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