How to Approach M&A Negotiations
M&A Science
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What's the Definition of the Business?
A lot of times, it's funny stuff. A gibby one is when weere trying to sell a business to a rather large company and they came back with a non compete clause that wasn't just extended like in other words, we couldn't compete with them for five years. And that's when i al nonsense on the lawyers or call them amout. Usually non clauses or maybe a year or two, which basically means you're not competing with the business,. The definition of the business is really critical here. It's what is the business that you're selling? Because if you're a big company, you're selling off a business unit.
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