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MACs favor buyers in weak market

Started by Joelle, November 05, 2008, 10:07:22 PM

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Joelle

MACs favor buyers in weak market
      


(Corrects company name to Nixon Peabody in paragraph one)
MAC clauses, or protections against “material adverve changes” in a company’s health or future prospects, have favored buyers over the past year, according to a survey by law firm Nixon Peabody LLP.
 
“There is little doubt that the current economic crisis is impacting how deals are being structured and [...]
         

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