Look more closely at the definition of the two rights, it is quite easy to follow the definition of Drag-Along Rights. This is designed to protect
the majority shareholders. Given some buyers are only interested in having complete control of a company, thus drag-along rights help to sell
100% of a company's securities to the buyer.
However, don't really understand how Tag-Along Rights would benefit minority shareholders. Perhaps in addition to the right of join in majority shareholders
in selling their stakes, it also extends the right of selling their shares for a minimum percentage of the price paid for majority shareholders' shares?
the majority shareholders. Given some buyers are only interested in having complete control of a company, thus drag-along rights help to sell
100% of a company's securities to the buyer.
However, don't really understand how Tag-Along Rights would benefit minority shareholders. Perhaps in addition to the right of join in majority shareholders
in selling their stakes, it also extends the right of selling their shares for a minimum percentage of the price paid for majority shareholders' shares?