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What law firm are you across from? This strikes me as a wildly unrealistic ask
I got this same ask recently from counsel representing the buyer of a MINORITY interest. Like, no….we’re not letting the 1/3 owner have POA over the whole thing….Keep pushing back and say it’s a hard no.
Super fucking weird.
Have you asked them why they want this?
Interesting - this is very common in the UK especially on small to mid cap M&A.
Yikes, no, this is not at all common in the US.