The State-Line Trap: Why the Federal M&A Broker Exemption Is Not the Finish Line
You have worked the deal for nine months. The seller is in Colorado, the buyer is a private equity group out of Chicago, and the deal is a stock purchase with a slice of rollover equity. Diligence is done, your success fee is papered, and your firm sits squarely inside the 2023 federal M&A broker […]