M&A who gets the money?

If someone starts their own company and they decide it’s time for retirement and want to sell the entire company (100%) for $100m to say a private equity fund or strategic sale to another company.

If the company is privately owned by the individual, would the $100m less fees go into the individuals personal bank account to retire as a multi millionaire?

6 Comments
 
Funniest

Are you sure you're an Analyst 2? Yes, it goes to them. Who else could it possibly go to? If you own something and sell it then voila, the money from the sale is yours.

 

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