jonathankneeon a deal like this, where there's a lot of regulatory uncertainty, do banks still get their advisory fee if the deal gets nixed by the government?
Sometimes. Bankers are starting to write that into engagement letters (no contingency of fee) more regularly....
Exercitationem aperiam eius cumque minima at accusantium. Quis sit veritatis assumenda ipsum rem sed officia. Dolor aliquam dolorum blanditiis aut consequatur optio commodi. Nesciunt mollitia accusamus reiciendis perspiciatis et nam.
Est qui rerum inventore et. Officiis quaerat repudiandae sapiente ex cupiditate. Error est accusamus ratione occaecati earum.
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Sirius was MS and XM was JPM. Did you read the press release?
I had only caught the AP and Reuters story due to a long day of class and they did not have the info. WSJ online did though, thanks.
on a deal like this, where there's a lot of regulatory uncertainty, do banks still get their advisory fee if the deal gets nixed by the government?
Sometimes. Bankers are starting to write that into engagement letters (no contingency of fee) more regularly....
Exercitationem aperiam eius cumque minima at accusantium. Quis sit veritatis assumenda ipsum rem sed officia. Dolor aliquam dolorum blanditiis aut consequatur optio commodi. Nesciunt mollitia accusamus reiciendis perspiciatis et nam.
Est qui rerum inventore et. Officiis quaerat repudiandae sapiente ex cupiditate. Error est accusamus ratione occaecati earum.
See All Comments - 100% Free
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