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Re: Jesspro post# 16845

Saturday, 07/01/2023 12:20:25 PM

Saturday, July 01, 2023 12:20:25 PM

Post# of 17446
I am not a lawyer, but I did stay at a Holiday Inn Express last night...

You don't just hire an M&A lawyer to finalize the terms and conditions once an offer is received. You hire them to guide you through the process, with two objectives. The first is obvious - negotiate and select the BEST offer (especially if the offers are "different" from each other in some way other than dollars, i.e. partnership vs. buyout vs. sell just the drug). The second is to provide a structured framework for due diligence that if needed can be used to mitigate the inevitable class action claims which will say (regardless of deal terms) that AUPH could/should have done better.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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