GREY:ESOFD - Post by User
Post by
infocountson Sep 18, 2013 7:45am
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Post# 21747774
$6 million deal breaker fee
$6 million deal breaker feeCan anyone shed perspective on whether this sort of language is standard in these kind of agreements?
"Subject to the other party's right to match, each of Fission and Alpha may terminate the Arrangement Agreement in favour of an unsolicited superior proposal upon payment of a $6 million break fee to the other party."