Madison Air Solutions Discloses €250M Fee To Be Paid To emb-pabst In Event Of Deal Termination
The SPA contains certain termination rights for each of the Purchaser and the Sellers, including, among other things, (i) by mutual written consent of the Purchaser and the Sellers, (ii) by the Sellers, if certain
Madison Air Solutions agreed that if a big deal falls apart, they'll pay 250 million euros to another company as a penalty. When a company has to pay a large breakup fee, it shows the deal was important to them, and you can watch to see if the deal actually closes or gets canceled.
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