Nominee warehousing agreement
The owner of a share sells it to a nominee. At the same time, he undertakes to repurchase them – at a fixed price – from the straw man after a certain time (the real shareholder sells his shares to a nominee and makes a commitment to repurchase them at a given time and at a specific price). – The purpose of such agreements is to keep the real shareholders – private individuals, more often: companies – secret for some time, especially at shareholders’ meetings. – See Mergers and Acquisitions, Nominee, Pairoff.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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