Chicago Bridge Reversal Reiterates Need for Consistent Accounting in Working Capital True-Up
Cooley M&A
JULY 14, 2017
The vast majority of private company acquisitions contain some type of purchase price adjustment to account for any changes in certain financial metrics (including working capital) of the target between a specified reference date (or target) and the closing date. For a variety of reasons (including the inability to predict what might happen in the business between the signing and closing), disputes over these types of adjustments are common.
Let's personalize your content