Tie Exclusivity to Progress, Not Time

This title was summarized by AI from the post below.

Exclusivity is not a free option for the buyer. Structure it with clear weekly milestones and a break fee if the buyer simply goes dark. Sellers deserve protection from process freeze while the buyer hunts better deals. Buyers deserve enough runway to complete real diligence. Thirty to forty-five days is plenty for a well-prepared mid-market target. Longer periods usually signal indecision, not complexity. Tie extensions to demonstrated progress on confirmatory items, not charm. Time-box exclusivity like the scarce resource it is. Open-ended exclusivity rewards the slowest party. #M&A #Exclusivity #ProcessDesign #DealSpeed

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