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On top of that, the shares are sometimes traded, and shareholders of Kohler Co. may, thus, not manage to sell their shares or not be capable of offer their shares with no loss of worth. This might cause a ‘marketability lower price,’ which reflects the lower worth of illiquid shares. Could Herbert Kohler use these discount rates to protect his valuation? How? What about the dissenting shareholders? How can they defend their reasonably significant estimate of the value?
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