New Companies
Sunday, 7/5, 10:37 PM
What Is a Breakup Fee? How Deals Protect Themselves With Termination and Ticking Fees
- When two companies agree to a merger, the contract usually includes fees that one side pays the other if the deal falls apart.
- Breakup fees, reverse breakup fees and 'ticking' fees are the plumbing of dealmaking, built to keep an agreed takeover on track.