Key Lesson from Arizona Coyotes Deal for Those Looking to Buy a Business
April 22, 2024
by a professional from University of Colorado at Boulder - Leeds School of Business in Fort Myers, FL, USA
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 season###-###-#### ), 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.
