The M&A Word of the Day® from the Book of Jargon® – Global Mergers & Acquisitions Is Distressed Sale

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Latham & Watkins partner Zachary Judd explains the M&A term Distressed Sale, a term for a transaction in which the target company is in or near the zone of insolvency. For additional definitions of the legal and business terms often encountered in the structuring, negotiation and execution of mergers, visit www.lw.com/m-and-a.

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