Billion dollar M&A transactions have occurred weekly for the last 3 years as has the formation of billion-dollar valuation startup “unicorns”. There is NO excuse to not be able to “find” capital.
“Breakup fees” are national standard fees to compensate people for their time when deals don’t close.
http://variety.com/2017/biz/news/disney-fox-merger-deal-52-4-billion-merger-1202631242/#utm_medium=social&utm_source=email&utm_campaign=social_bar&utm_content=bottom&utm_id=1202631242 – Disney to Buy 21st Century Fox Assets for $52.4 Billion in Historic Hollywood Merger
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