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Which of the following is not true about termination fees in M&A? a. Bidder (reverse) termination fee is more common than target termination fee. b.
Which of the following is not true about termination fees in M&A?
| a. | Bidder (reverse) termination fee is more common than target termination fee. | |
| b. | The fee is around 2-3% of the deal value. | |
| c. | The inclusion of Termination fees is to motivate interested bidders to participate. | |
| d. | Termination fee is found to be associated with higher completion rates of the deals. |
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