September 2017 M T W T F S S « May 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
- 2,095 hits
- What to Watch From the Fed Wednesday
- Kyle Bass Keen on Yellow Pages Co. — Sohn Conference
- Record Number of Banks in One Deal as HK’s IPO Market Heats Up
- Aerosoles Shoe Chain Seeking Buyer or Partner
- Dish Deal For Sprint May Leave T-Mobile On Hold
- JPM Veteran Corio Joins Miller Buckfire
- Dish vs Softbank: A Comparison of Sprint Offers
- Ergen: Dish Is a Seinfeld Episode and Sprint Ties it Together
- Dealpolitik: Dish’s Audacious Topping Bid for Sprint Is No Slam Dunk
- Citigroup Finally Releases Some Reserves
- Citigroup’s Corbat Gets Expenses Down
- Dish Bids for Sprint: Telecom Merger Mania Continues
- Woori Head’s Resignation Stokes Privatization Hopes
- Dish Launches $25.5 Billion Offer for Sprint
- OUE Likely To Reload After REIT Listing, Maybank-Kim Eng Says
- Citigroup Appoints New Asia Prime Finance Head
- LVMH Fund Lands Australia’s R.M.Williams Stake
- Croesus Retail Trust Seeks to Revive US$300 Million Singapore IPO
- Sharp Continues Cash-Raising Quest
- Australian Ports Sale is Largest Transport Deal Globally in 2013
- Equifax CEO to face Congressional banking panel on October 4
- Hey, latte fans: Maple is having a moment this fall
- As Trump threatens NAFTA, Mexico looks elsewhere for trade
- She thought her student loans were forgiven. They weren't
- Wells Fargo CEO faces a grilling from Elizabeth Warren
- The world's richest woman dies
- 'God is telling you to move,' congressman tells repeat flood victims
- Bloomberg to launch Arabic language TV
- Ryanair offers pilots major cash to keep flying
- Wall Street loves the Fed and Janet Yellen
- Trump says GOP's health bill protects pre-existing conditions. Here's the truth
- Russia has bailed out two major banks in under a month
- The secret to being a great saver
- Why the SEC hack is a really big deal
- Security experts: Iran-backed hackers targeting U.S. and Saudi Arabia
- CEO's bonus cut 25% for his anti-gay, sexist tirade at Kathy Griffin
- Meet the man who sets the odds on Trump
- China's debt risks are rising
- Without price breaks, rural hospitals struggle to stock lifesaving drugs
- Google's HTC deal; Stock records; Ryanair turbulence
You have an offer on the table to buy your company – and it feels right, both in terms of who the buyer is and the price they are offering. But you have other shareholders in the business who may not feel the same way… and you have a shareholders agreement in place to ensure that it all goes smoothly – right?
Privately-owned companies often have multiple owners – family members, employees, outside investors or original partners are four common categories. Whatever the origins of your co-shareholders, you need the business equivalent of a prenuptial agreement with all of them if you want to preserve the wealth you are creating or want to realize on your investment when the time comes to sell.
And even if you have been “married” business-wise for a long time, it’s never too late to strike an agreement on how you and your fellow shareholders are going to behave under a few very predictable circumstances, such as:
1. What happens when one of you dies and leaves shares to their children or spouse? Will they be good co-shareholders? And will the other shareholders feel the same way?
2. What happens if you need or want to sell your shares – either because you want to retire or for pressing financial reasons?
3. What happens if you receive an offer to sell the whole company, and not every shareholder is on board with this?
The answers to these are different for different shareholders, but they need to be sorted out, and captured in a legal document, before any of the events described above happen. Waiting until after a shareholder has died, divorced or decided to retire is often too late. And if you have an offer on the table for the whole business that makes sense to respond to, don’t you want to know that there is an agreement in place that will bring everyone along if the price is right?
Thinking of buying or selling a business?
Please call us at +1-416-726-6054 or email at firstname.lastname@example.org