Reverse Termination Fee
topic on 1 show · 1 statements across 1 episodes
1 statements about Reverse Termination Fee, every show
Ballis: Reverse breakup fees became ubiquitous in PE buyouts after 2005
“Until 2005, the way deals worked is that the private equity sponsor would say, I'd love to buy your business for a hundred dollars, but I'm borrowing 50 dollars, and if I can't get my mortgage, I've got a mortgage contingency in my contract, and there was a de…”