Deals Risks to Buyers When Devising Earn-Outs Earn-outs are a common method of potentially compensating sellers in M&A transactions. Payment of a portion of the (potential) purchase price must be earned in accordance with the agreed terms before it becomes due. Earn-out provisions must be carefully contructed and are typically subject to detailed negotiations so
Deals Apollo Buys Qdoba Restaurants for $305 Million Cash Reuters reported that Jack in the Box Inc. is selling its Qdoba Restaurant unit to funds affiliated with Apollo Global Management LLC for about $305 Million in cash. See: https://www.reuters.com/article/us-jack-in-the-box-m-a-apollo-glo-mgmt/jack-in-the-box-to-sell-qdoba-restaurant-unit-for-305-million-cash-idUSKBN1ED1JI Qdoba Restaurant operates and franchises more than 700 Qdoba Mexican Eats restaurants. About Hospitality
Deals Dean & Deluca Stops its Expansion Plans The New York Post reports that gourmet grocer Dean & Deluca, which is owned by Thailand-based Pace Development Corp., is putting the brakes on expanding. See: https://nypost.com/2017/11/07/dean-deluca-halts-expansion-plans/ > “The company is investing in the strategic reassessment required to solve legacy issues and the current
