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Moreover, the shares are occasionally traded, and shareholders of Kohler Co. may, consequently, not have the capacity to promote their shares or not have the ability to provide their shares without loss of price. This may possibly bring about a ‘marketability price cut,’ which reflects the reduced value of illiquid shares. Could Herbert Kohler use these special discounts to protect his valuation? How? What about the dissenting shareholders? How can they protect their fairly significant estimate of the value?
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