> Deal structure can be worth ~20%+ of purchase price so don’t be myopic on focusing on price only. This. Asset sale vs. merger is a great example. If you do a

> Deal structure can be worth ~20%+ of purchase price so don’t be myopic on focusing on price only. This. Asset sale vs. merger is a great example. If you do an asset sale you'll need to wind down the company, pay corporate taxes, pay out everyone, etc. I've done it once and it was just about the most stressful thing I've ever been through. It's also a huge millstone if you are simultaneously working at the acquirer.