compulsory acquisition of shares from remaining minority shareholders, in a situation of "squeeze-out" of remaining shareholders by the majority shareholder.

an example:
"Na osnovu člana 515. stav 1. i 523. stav 1. tačka 2) Zakona o privrednim društvima i člana 32. Statuta AD "BB MINAQUA" NOVI SAD, Skupština akcionara na vanrednoj sednici održanoj dana 29.03.2013. godine, donosi sledeću:
O D L U K U
o prinudnom otkupu svih akcija preostalih akcionara AD "BB MINAQUA" NOVI SAD

1.Usvaja se zahtev akcionara DOO "PANDAM-NS" NOVI SAD (u daljem tekstu: Otkupilac) i odobrava se istom prinudni otkup svih preostalih akcija AD "BB MINAQUA" NOVI SAD (u daljem tekstu: Društvo) CFI koda ESVUFR i ISIN broja RSBMNE63714.
2. Otkupilac će, kao većinski vlasnik akcija Društva sa 139.225 akcija, odnosno 95,85 % učešća u kapitalu, sprovesti prinudni otkup preostalih 6.031 akcija Društva, po ceni od 5.950,00 dinara po akciji. ..."
[http://www.bbminaqua.com/CMS/wp-content/uploads/2009/12/Sedn...]

"MEMO
To: Board of Directors
From: Company Secretary
Subject: COMPULSORY ACQUISITION OF SHARES

In certain circumstances a shareholder who holds/controls at least 90% of the shares in a company – acquired or obtained in any way, not necessarily through any (formal or informal) takeover bid – may move to compulsorily acquire the balance of shares not held by him.

Procedures and requirements governing the compulsory acquisition of shares in a company are detailed in the Corporations Act. The Act contains provisions designed to protect shareholders (in a target company) who are having their shares compulsorily acquired to ensure that they receive adequate information and a fair price for their shares.

Takeover Provisions ‘

Compulsory acquisition’ typically happens when someone (‘bidder’) makes a takeover offer for a stock exchange listed company (‘target’) if, having exhausted the takeover procedures, they find themselves with less than 100% but at least 90% of the shares in the target. Having reached 90% the bidder may be entitled to invoke the compulsory acquisition provisions in the Act and ‘force’ the remaining shareholders in the target to sell their shares to the bidder. ...."
[http://www.companysecretary.com.au/board_briefings/CompAcqSh...]


" CHAPTER 3: “SQUEEZE-OUT” AND “SELL-OUT”

Summary and background

1242. The concepts of "squeeze-out" and "sell-out" are designed to address the problems of, and for, residual minority shareholders following a successful takeover bid. Squeeze-out rights enable a successful bidder to compulsorily purchase the shares of remaining minority shareholders who have not accepted the bid. Sell-out rights enable minority shareholders, in the wake of such a bid, to require the majority shareholder to purchase their shares. Because they involve the compulsory purchase or acquisition of shares against the will of the holder of the shares or the acquirer, high thresholds apply to the exercising of such rights and there are protective rules on the price that must be paid for the shares concerned.

1243. Squeeze-out and sell-out provisions have been a feature of national company law for many years (and were previously contained in Part 13A (Takeover Offers) of the 1985 Act). Articles 15 and 16 of the Takeovers Directive, however, introduce EU-wide rules requiring all Member States to put appropriate provisions in place for the first time. The provisions at sections 974 to 991 of the Act restate Part 13A of the 1985 Act in a clearer form. However, in doing so they also make important changes to reflect the need to ensure compliance with the Directive and the decision to accept some recommendations of the CLR. These are described below. ..."
[http://www.formacompany.com/en/uk/uk-companies-act-2006/comp...]

"Squeeze out

Squeeze out is a term referring to the compulsory acquisition of the stakes of a small group of shareholders from a joint stock company by means of cash compensation. ...
...
United Kingdom
See also: UK company law

Under UK law, section 979 of the Companies Act 2006 is the relevant "squeeze out" provision. It gives a takeover bidder who has already acquired 90% of a company's shares the right to compulsorily buy out the remaining shareholders. Conversely section 983 (the "sell out" provision) allows minority shareholders to insist their stakes are bought out. (see Companies Act 2006)
...
"
[http://en.wikipedia.org/wiki/Squeeze_out]