Why Would an Acquirer Be Interested in My Business Today?
MusicMetric, a platform for measuring music and singer data from several different services, was recently acquired by Apple for around (unofficially) $50 million. The parent company, SeMetric, wasn’t necessarily making a profit from MusicMetric, but Apple obviously gave them an offer that made the owners and investors happy. The purchase of SeMetric looks like a […]
Representations and Warranties in a Purchase Agreement
Yes, the Representations and Warranties in a Purchase Agreement DO Matter James Smith was ready to sell his business. He received his purchase agreement from the buyer and agreed on the terms, however there were pages and pages of representations and warranties. He figured this was standard procedure and didn’t think twice about it […]