I am working on a deal and I am learning that one of the seller's request is "I plan to take any earnings up to the close meaning if it is billed prior to the close those receivables will come back to me not the Buyer." This an IT services company.
I would like to hear some thoughts on the implications of accepting this clause as a buyer.
Implications of seller intention to take earnings up to close
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by a searcher from Texas Tech University
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