Examlex
What is the definition of a conglomerate acquisition?
Preemptive Rights
The rights that allow existing shareholders to purchase additional shares before new shareholders can buy them, in order to maintain their proportionate ownership in the company.
Cumulative
Cumulative refers to the total amount accumulated over a series of periods, often used in the context of dividends or other accumulative data.
Undeclared Dividends
Dividends that have been earned by shareholders but have not yet been declared by the company's board of directors.
Prior Claim
A legal right or financial obligation that takes precedence over others, typically in the context of creditors in bankruptcy proceedings.
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