The Tough Terms of Selling a Tech Company

Selling a closely held tech company these days is no picnic–especially after the sale of the firm has already closed.

That’s the message according to a new study by Shareholder Representative Services LLC, which manages the post-closing process in M&A transactions of private companies. SRS based its study on more than 100 transactions that it was involved with recently. Most of the deals ranged between $25 million to upwards of $200 million in size, largely in tech sectors such as software, electronics and telecommunications.

According to the study, which SRS is releasing Wednesday, the post-closing period of a private company sale is long and arduous, with claims over the deal able to filed over an extended period, and more conditions such as performance hurdles that have to be met before shareholders in the closely held company can fully cash out.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »