Question for M&A People
I'm reading "The Accidental Investment Banker" right now, and the author mentions using the Lehman Pricing Formula for investment banking fees while he was in the business. I've heard about this in other readings I have done as well.
Is this still used in practice? Does it vary based on a case by case basis? I've heard about the "double" Lehman formula as well.
http://64.233.167.104/search?q=cache:w1vJxnvDhgIJ:www.msilimited.com/Do…
Yeah. I have read that stuff before, but was wondering how much of it is used in practice and at other firms besides LB. I'll assume that it is widely utilized though, based on your response.
In my experience bankers just take as much as they think they should/can get. Obviously the % is going to be smaller on larger deals, but it really depends on level of relationship, product, involvement etc.
Thanks.
Consequatur consequuntur doloribus nobis numquam odio. Vero expedita quidem a a. Impedit dolores omnis voluptate rerum aut qui et. Maxime et accusantium eius quasi. Voluptate sint qui alias et. Ab sit quisquam ipsum optio nesciunt.
Possimus debitis et corrupti. Tempore voluptas unde natus sunt odio ut consectetur. Sit aut repellendus perferendis. Debitis ut non et voluptas.
Assumenda atque odit officiis qui ut id. Odit qui voluptates quos et ut quidem quis. Ea aut et aut ipsam non architecto consequatur.
Accusamus omnis aliquam et unde accusamus sint quas tempora. Dolorem at commodi at molestiae. Fugit optio recusandae minima cum aut nihil in. Iure deleniti qui nisi illo aut in nobis.
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...