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re: Per Bloomberg: Halliburton and Baker Hughes deal is OFF

Posted on 5/2/16 at 6:55 am to
Posted by The First Cut
Member since Apr 2012
14011 posts
Posted on 5/2/16 at 6:55 am to
quote:

Why are those fees always set so high? It's nuts that they owe that much in cash and the other company didn't do anything


That's the terms of a non-disclosure agreement. You grant another firm to look under your skirt and learn virtually everything about your business. You're due something if they look that hard, know that much about you, then go back to being a competitor.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/2/16 at 7:57 am to
quote:

That's the terms of a non-disclosure agreement. You grant another firm to look under your skirt and learn virtually everything about your business. You're due something if they look that hard, know that much about you, then go back to being a competitor.


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