Description

Understand the two main ways of completing an M&A transaction with a focus on the locked box method.

Learning Objectives

  1. Compare completion accounts and locked box mechanisms.
  2. Recall the function of the locked box mechanism.
  3. Calculate the impact of completion accounts on transaction outcomes.
  4. Evaluate the financial outcomes of different completion mechanisms.
  5. Analyze the strategic reasons for implementing completion mechanisms in M&A transactions.