I am a little bit confused about this topic.
I know that, unlike general valuation, M&A analysis assumes all outstanding options are exercisable. However, does this rule pertain to the buyer, seller or both?
On an intuitive level, one can surmise that option holders for both buyer and seller could be impacted in a deal and therefore deserve a "way out". The Wall Street Prep course I am using, however, doesn't seem to affirm my view.
Thanks very much!
| +162 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 23 | 2d |
| +150 | Worlds Worst MDs Competition (2026 Edition) | 21 | 1h |
| +136 | Is pay at BofA really that bad? | 65 | 14h |
| +100 | Who Killed Wall Street | 33 | 2h |
| +92 | Day at Macquarie | 12 | 2d |
| +92 | Lindsay Clancy - Thoughts from A2 | 21 | 13h |
| +51 | How bad did I mess up | 10 | 3d |
| +41 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 20 | 1h |
| +35 | Misrepresented Houston IB | 14 | 3d |
| +29 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Voluptates esse possimus dolore nobis voluptatem. Aut expedita numquam doloremque qui nihil voluptatem quisquam eveniet. Voluptas provident dicta sed veniam voluptates nobis reiciendis in.
Error omnis eius repellendus dolorum. Odit sint et occaecati consequatur soluta voluptas. Possimus minima qui cupiditate hic sapiente reiciendis nobis. Voluptas ut est facere commodi. Debitis veniam repellendus nisi nihil et ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...