Right of First Refusal (ROFR) Is a Common Obstacle in Secondary Transactions The Right of First Refusal, or ROFR, can play an important role during secondary business transactions in the private market. For buyers and sellers of secondary shares alike, … Continue reading
right of first refusal
One term that often surfaces in secondary market transactions is the “Right of First Refusal” (ROFR). A contractual right that allows the issuer the first right to repurchase shares that are listed on the secondary market, it can offer several … Continue reading
Learn what the Right of First Refusal (ROFR) is, how it works, and what it means in the context of secondary offerings. Continue reading
