Usually used in the context of a merger or acquisition. A group of shareholders who refuse to tender their shares for a merger or acquisition. In a merger of Company A and Company B for example, if a sufficient number of Company B shareholders do not tender their shares, the new company will not be able to access the cash flows of Company B.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). rump. Retrieved September 22, 2026, from http://smartdefine.org/rump/definitions/1162785 |
| Chicago | Barry Goldsmith. 2010. "rump" http://smartdefine.org/rump/definitions/1162785 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, rump, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/rump/definitions/1162785>. |
| MLA | Barry Goldsmith. "rump" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/rump/definitions/1162785> |