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Additionally, the shares are sometimes traded, and shareholders of Kohler Co. may, as a result, not manage to market their shares or not have the ability to sell their shares with no loss of benefit. This could bring on a ‘marketability low cost,’ which demonstrates the decreased value of illiquid shares. Could Herbert Kohler use these discounts to defend his valuation? How? How about the dissenting shareholders? How can they protect their comparatively substantial estimate of the value?
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