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Also note that the retention bonus total is known to be at least 5.5%, it's often the case that up to 10% of the purchase price in these "no money falls on comm
by greglindahl 8y ago
Also note that the retention bonus total is known to be at least 5.5%, it's often the case that up to 10% of the purchase price in these "no money falls on common" deals is paid out to make sure that the deal closes.
- startupdiscuss 8y agoYes, and there are often transaction costs. The bankers that introduced the buyer to the seller, the lawyers that have to go over the deal terms, and the accountants and due diligence people.