Innovation in deal structures and forms of consideration скачать в хорошем качестве

Innovation in deal structures and forms of consideration

Sophisticated M&A professionals use various forms of consideration and pricing formulations, including working capital and locked-box adjustments, fixed price/exchange ratio collars, and valuation and earnout mechanisms when drafting merger agreements. The smooth interplay between these elements can make a transaction sail through closing, but in some cases, counterparties see opportunities for gains that are not well understood by the other. This discussion examined deal structures and terms that may be employed to bridge gaps between buyers and sellers. Elizabeth Donley, Partner at Hogan Lovells, Brett Shawn, Senior Vice President, Assistant General Counsel at Warburg Pincus, and Michael Wolf, Vice President, Deputy General Counsel at Baxter International considered various forms of consideration and pricing formulations, including working capital and "locked-box" adjustments, fixed price/exchange ratio collars, valuation and earnout mechanisms, and other practical considerations relevant to M&A negotiations and merger agreement drafting. The Transaction Advisors Institute provides its members with a suite of programs and current information on M&A strategy, deal structuring, and integration best practices. https://www.TransactionAdvisors.com Offerings include: M&A Conferences assemble corporate development leaders, in-house M&A counsel, board members, and private equity investors to discuss current challenges impacting complex transactions and consider innovative methods to improve deal performance. https://bit.ly/3XBRdpw The M&A Academy provides guidance on material negotiation issues and offers perspective on improving M&A performance from strategy development through closing. https://bit.ly/3Wu6doc M&A Master Classes: These live online M&A courses cover the specific decisions, information, and actions that are required during the acquisition process. The teaching faculty are renowned professors who provide practical guidance from their extensive M&A experience. https://bit.ly/3j5PU3d M&A Resources: This fast growing collection includes self-paced e-learning modules and editions of the M&A journal, Transaction Advisors, and information on critical negotiation issues, shifting deal dynamics, and techniques for transaction planning, structuring, and execution. https://bit.ly/3ZYHkUA Members of the Transaction Advisors Institute are some of the most active and sophisticated M&A professionals that enjoy being part of an elite community of in-house dealmakers. Membership is strictly limited to corporate and private equity professionals https://bit.ly/3kFaiZw