Do you engage an investment banker?
Berkonomics
OCTOBER 10, 2013
'Many CEOs have asked me if I felt an investment banker adds value if the buyer has already been identified. Investment bankers sometimes slow the process by requiring a “deal book” to be prepared containing considerable information about a company to help a buyer. Deal books are expensive to create. Other investment bankers insist that the company create competition for a deal, even if the buyer has already submitted a letter of interest to the seller.
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