Redbone
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- Oct 11, 2006
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The article you got those quotes from was in the Financial Times. Why don’t you just word it as the article did? It read as follows:
"Evercore will receive an upfront fee of $275,000, a monthly retainer of $75,000, a $3m fee when Northwest emerges from bankruptcy and $2m if it closes an "M&A transaction".
Thus, even this article leaves open the option of BEING ACQUIRED.
FYI:
M%A = merger or acquisitions (as CLEARLY stated in the article)
Is there some part of this sentance you are having trouble with?
"Should Northwest complete a merger or acquisition of another carrier, Evercore will receive another $2 million on top of that."
FYI: this was printed in REUTERS, AP, WSJ, along with the
FT.
anything other clarification needed?