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Navigating the Purchase Price Adjustment Process to Protect Deal Value (On-Demand)

General Credits:
Original Date Of Course:

$129.00

Course Description

The program will cover purchase price adjustments, working capital targets, earnouts and their role in transferring value and settling valuation gaps in M&A transactions. Participants will also learn best practices for drafting purchase price adjustment provisions, structuring agreements to reduce ambiguity, and leveraging tools such as representations and warranties insurance to allocate risk.

Syllabus

  1. Purchase price adjustment mechanics and a walkthrough of the post-closing purchase price adjustment process
  2. Lessons from disputes: How ambiguity in the purchase agreement can lead to problems
  3. Working Capital and Earnouts: Risks, common issues, and drafting strategies for reducing ambiguity in purchase price adjustment mechanisms
  4. Representations & warranties insurance: Role in risk allocation

Credit Details

Course Type

Course Instructor

Charles Blank, CPA, CFA
Original Date Of Course

General Credits

1
Charles Blank, CPA, CFA
Charles Blank, CPA, CFA
Charles Blank, CPA, CFA leads the Disputes team within Lincoln's Valuations & Opinions Group, providing dispute resolution advisory services for M&A transactions, including purchase price adjustments, representations and warranties insurance claims, and expert witness services. With nearly three decades of financial experience—including Big 4 auditing at Deloitte, roles at Moody's Investor Service and Huron Consulting Group, and 15 years serving as a neutral accountant in hundreds of transactions—he advises private equity firms, corporates, private company founders, and attorneys on closing statements, dispute notices, and transaction settlements.
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