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: a corporate action or series of actions (as a refusal to declare dividends or the restricting of decision-making power in corporate governance) through which majority shareholders deprive minority shareholders of the benefit of stock ownership usually as part of an attempt to force sale of minority shares compare freezeout NOTE: Freezeout and squeezeout are sometimes used as synonyms.
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.