Key Lesson from Arizona Coyotes Deal for Those Looking to Buy a Business

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by a professional from University of Colorado at Boulder - Leeds School of Business
in Fort Myers, FL, USA

2yrs ago

Key Lesson from Arizona Coyotes Deal for Those Looking to Buy a Business

Last Friday (April 19th), a major event took place in the world of sports, specifically in the NHL.

The struggling Arizona Coyotes sold their assets to SEG out of Salt Lake City.

Starting next seasonredacted), the team will have a new home in Salt Lake City Utah. In just a few days, Utah hockey fans requested over 22,000 season tickets.

What's most impressive is that this deal happened at a record pace, and a LOT took place in a matter of weeks to pull it off.

However, one key detail that many people may miss is how the deal was structured.

Most people looking to acquire a business don't understand this is a significant detail.

Using this information as a guideline can save you from potential major liability down the road.

If you're thinking of acquiring or selling your digital business, send me a DM.

We can help navigate the treacherous waters of the M&A world.

redacted

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