Danielle Do

Weil, Gotshal & Manges LLP

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Locking Up The Public Deal: Seeking Certainty In Uncertain Times

When a buyer signs up a deal to acquire a public company, the buyer wants as much certainty as possible that the deal will close on the terms negotiated. One of the best ways to enhance this "certainty of closing" is to obtain commitments (known as lock-up agreements) from large shareholders of...

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