Navigating the rapids of an M&A closing
Abstract: Most M&A participants underestimate how much paperwork and communication will be necessary to close a deal. As this article proposes, the earlier parties prepare for this time-consuming task, the better. Larger and public companies must, for example, file paperwork in accordance with the Hart-Scott-Rodino Act. And many companies need shareholder approval before completing a transaction. A sidebar lists parties that typically must know — and consent — to merger plans.