TITLE

`Unwinds' can protect your earn-out deal

AUTHOR(S)
Andresky, Jill
PUB. DATE
July 1992
SOURCE
Inc.;Jul92, Vol. 14 Issue 7, p127
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Tells how Hirsch/Bedner Associates, a Santa Monica, Calif., design business, struck an agreement with a British company for a sale of Hirsch/Bedner for $8 mil lion up front, plus the promise of $20 million in cash and stock from the acquiring company through an earn-out agreement. Comments from Watt W. Webb III, of Hirsc h/Bedner; An unwind agreement which took into account: repossession of the company , restrictions on the buyer's ability to borrow, accounting standards.
ACCESSION #
9207202704

 

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