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In addition, the shares are infrequently traded, and shareholders of Kohler Co. may possibly, for that reason, not be capable to offer their shares or not be capable to sell their shares with no loss of value. This may result in a additional resources ‘marketability discount,’ which demonstrates the reduced value of illiquid shares. Could Herbert Kohler use these savings to protect his valuation? How? What about the dissenting shareholders? How can they protect their comparatively substantial estimate of the worth?

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