Executing M&A from a Legal Perspective
M&A Science
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Getting Financing
The typical prive e dea is structured with a commitm commin he letter o some 50 page document t thet base cihe says, f you meet these conditions, i'll wat a fund. But it's a turnkey so in order to actually fund, you need to turn it into a long form agreement. If they're not able to do that, if it doesn't turn into a long fom agreement, or it turns into a ong from agreement, but the bank just doesn't show up, then the buyer can be forced to pay a reverse termination. Sounds good in theory, but very difficult to execute.
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