Maslon partner Terri Krivosha's article "Earn-outs not the best way for businesses to bridge value gap
," which appeared in the December 29, 2006 issue of Minneapolis/St. Paul Business Journal
, has been cited in a new article on earnouts appearing in the February 16, 2007 issue of the same publication. The article "Earnouts do not earn a place on this year's Top 50 M&A list
," by Tom Smith, includes two references to Krivosha's article, as follows:
[He cited a recent Strategies column written for the Minneapolis/St. Paul Business Journal
by Maslon law firm chair Terri Krivosha, who noted that earnout payments are seldom achieved. When they are, it's often only partially, or for an amount that has been renegotiated downward.]
[Smith agrees with Krivosha, who criticized earnouts. "They simply postpone the hard discussion and create an opportunity for disagreement after the sale has been closed," she wrote.]
Terri Krivosha is chair of the Maslon law firm and has extensive experience assisting businesses of all sizes to realize their goals, including initial formation, capitalization, growth through merger or acquisition, governance, and general business matters.