The M&A Word of the Day® from the Book of Jargon® – Global Mergers & Acquisitions is Club Deal

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Latham & Watkins partner Jennifer Perkins explains the M&A term Club Deal, which refers to a leveraged buyout transaction where multiple sponsors join together in order to buy a target. 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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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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