How Break-Up Fees Actually Work in M&A Transactions in 2026: Standard Sizes, Reverse Fees, and the Real Triggers
Break-up fees in M&A transactions are contractual payments one party owes the other if they walk from a signed agreement, typically 1-3% of deal value. Standard break-up fees protect the buyer against a seller taking a competing bid; reverse break-up fees protect the seller against a buyer’s financing collapse or regulatory failure. In 2026, the […]