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CD&R mollifies Focus Financial 'FOMO' with non-monetary sweetener to ease the shareholder pain of dumping the company in a sour market

The New York City buyout firm is offering a 'knock-yourself-out' provision to let Focus make a last-ditch effort to find a white knight to 'cover its bases from a liability standpoint.'

Author Brooke Southall February 28, 2023 at 2:54 AM
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Mike Wunderli: When a company makes a significant and surprising move like this, they need to make sure to cover their bases.
Keith Girard contributed to the editing of this article.

Rudy Adolf



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Mentioned in this article:

Focus Financial Partners, LLC
Consolidator/Roll-up Firm
Top Executive: Rudy Adolf



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