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Freeze Out

 
put pressure on minority shareholders after a takeover to sell their shares to the acquirer.

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Shut out or exclude by unfriendly treatment; force to retire or withdraw from membership, a job, or the like. For example, They tried to freeze me out of the conversation, or After Bill was frozen out of the case, they hired a new lawyer. [Mid-1800s]

An action taken by a firm's majority shareholders that pressures minority holders to sell their stakes in the company. A variety of maneuvers may be considered freeze-out tactics, such as the termination of minority shareholder employees or the refusal to declare dividends.

Also referred to as a "squeeze out".

Investopedia Says:
Freeze outs usually occur closely held companies, where majority shareholders can converse with one another. Majority shareholders attempt to freeze out the minority from the decision making process, rendering minority voting rights useless. Such actions are often illegal and may be overturned by the courts.

Related Links:
Be a savvy investor - learn how corporate actions affect you as a shareholder. What Are Corporate Actions?
We delve into common stock owners' privileges and how to be vigilant in monitoring a company. Knowing Your Rights As A Shareholder


Wikipedia on Answers.com:

Freeze Out

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Freeze Out is a 2005 debut feature film of M.J. Loheed [1] an American writer and director. It was financed primarily with Loheed’s own poker winnings and is believe to be the first independent film financed with poker money.

It premiered in 2005 at the Westwood International Film Festival where it won the Best Feature Award. Freeze Out was also an official selection of the 2006 Cinequest Viewer's Voice Festival [2] and the 2006 Omaha film Festival [3].

Synopsis

Freeze Out is a comedy about one man's ridiculous and overzealous attempt to get revenge for the constant ribbing of his best friends at his weekly poker game. John's weekly poker game is a sanctuary from the horrors of living and working in Los Angeles: a ritual of jokes, beer drinking, talking movies, politics, and sex. In short, it's a good time and the max bet is 25 cents so no one is going to go broke. But something is bugging John. His friends don't respect him; any chance they get they cut him down, tell him he's boring, make him feel small. He's tired of being the butt of their jokes and he's not going to take it anymore. So he raises the stakes, trains in secret and engineers a winner-take-all Freeze Out, never realizing it might cost him his 7 best friends. What starts as an innocent night of low stakes poker becomes a ripping lampoon of friendship and a funny look at how we all lie to ourselves.

External links



 
 
Related topics:
Heads Up (in poker)
free (Idiom)
Squeeze-Out

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Copyrights:

Barron's Finance & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.  Read more
American Heritage Dictionary of Idioms. The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Company. All rights reserved.  Read more
Investopedia Financial Dictionary. Copyright ©2010, Investopedia.com - Owned and Operated by Investopedia US, A Division of ValueClick, Inc. All rights reserved.  Read more
Wikipedia on Answers.com. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article Freeze Out Read more

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