“Ten months ago, his company, Eller Industries, paid more than $750,000 for an exclusive window of time to acquire the Indian brand at a full asking price of $20 million.”
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Said on Business Wars
“Time kills deals. The longer from start to finish, less likely the deal is to transact... acquirer threw stuff at them during 90-day period to distract and negotiate down price”
Owner To Owner Podcast · Three Successful Exits - what this ex M&A lawyer learned about Earnouts: Tony Simmons:
Play from 36:00
36:00
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What was described
Advocates avoiding long exclusivity/standstill periods because time kills deals and gives the acquirer leverage to negotiate down price
Said nearby on the same subject
“Half-price wings on Tuesday's deal is driving customers into stores, but chicken prices are at an all-time high. The more wings they sell at half price, the more money they lose.”
♫
Said on Business Wars
“I think diesel prices have doubled in a relatively short period of time.”
♫
Said on The Real Eisman Playbook
“Scale Microgrids ... built on site, on customer premise, both in the data center space and also in heavy industrial space ... contract its generation at a strong price for a very long time period”
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Said on The Rules of Investing
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