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

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Latham & Watkins partner David Walker explains the M&A term best efforts, a common provision in an acquisition agreement that describes how hard a party needs to work to make good on its commitments. 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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