Earnouts (Mergers and Acquisitions)
7.8 هزار بار بازدید -
4 سال پیش
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In a merger or acqusition,
In a merger or acqusition, an earnout entitles the shareholders of the target company to receive additional compensation if the target company achieves certain financial goals (e.g., hitting a sales or profit target) in the future. Thus, an earnout is a contractual provision that provides for a contingent payout.
Earnouts are helpful when the buyer and seller disagree about the value of the target company. Disney, for example, offered $350 million upfront when it acquired the company Club Penguin in 2007; Disney offered to pay an additional $350 million if Club Penguin reached certain earnings targets in 2008 and 2009 (this was the earnout). This example is from Disney's 2009 10-K, which can be accessed here: https://www.sec.gov/Archives/edgar/da...
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Earnouts are helpful when the buyer and seller disagree about the value of the target company. Disney, for example, offered $350 million upfront when it acquired the company Club Penguin in 2007; Disney offered to pay an additional $350 million if Club Penguin reached certain earnings targets in 2008 and 2009 (this was the earnout). This example is from Disney's 2009 10-K, which can be accessed here: https://www.sec.gov/Archives/edgar/da...
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* http://eepurl.com/dIaa5z
—
SUPPORT EDSPIRA ON PATREON
*Patreon: prof_mclaughlin
—
GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com
—
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast...
* Spotify: https://open.spotify.com/show/4WaNTqV...
* Website: https://www.edspira.com/podcast-2/
—
GET TAX TIPS ON TIKTOK
* TikTok: prof_mclaughlin
—
ACCESS INDEX OF VIDEOS
* https://www.edspira.com/index
—
CONNECT WITH EDSPIRA
* Facebook: Facebook: Edspira
* Instagram: Instagram: edspiradotcom
* LinkedIn: LinkedIn: edspira
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CONNECT WITH MICHAEL
* Twitter: Twitter: Prof_McLaughlin
* LinkedIn: LinkedIn: prof-michael-mclaughlin
—
ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com
4 سال پیش
در تاریخ 1399/06/19 منتشر شده
است.
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