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what are tagalong rights tagalong rights are a protection mechanism for a minority shareholder allowing them to join on a sale with the majority shareholder so by way of an example say youre a minority shareholder with a 30% shareholding and the majority shareholder says I want to sell Ive got a buyer with a great offer um the tag along right means the minority sheh holder can jump in on that s and get the same price as the majority shareholder means they dont get left behind them being in business with a new majority shareholder that they dont necessarily want to be in business with