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Horton Authors Article for The Ambulatory M&A Advisor
October 2, 2014

HortonWilliam W. Horton, a partner in the firm's Business & Commercial Transactions Practice Group and member of the Health Care Team in the Birmingham office, was published in the September 19, 2014, edition of The Ambulatory M&A Advisor. Mr. Horton's article, "The Price is Right…Or Is It? A Brief Introduction to Purchase Price Adjustment Provisions," discusses key issues in negotiating the purchase price adjustment provisions in the sale of ambulatory care facilities. Mr. Horton states, "a well-drafted adjustment provision is simply a means to ensure that both parties end up where they should be – with economic arrangements that ensure that the right party gets the benefit or burden of financial changes resulting from the operation of the business between signing and closing." Understanding how the adjustment provision works and that the adjustment mechanism is appropriate for the type of business being sold is critical in avoiding trouble at closing. To read the article in its entirety, please click here.