Pain Now Or Later? Thermo Fisher Tastes Earnout Bitters

Law360, New York (July 9, 2013, 4:54 PM EDT) -- Earnouts are a nice idea, bridging the gap between what sellers think their company is worth and what buyers are willing to pay for unproven assets. But they often just swap upfront spats for infighting later on, as Thermo Fisher Scientific Inc. is finding out now.

The lab and medical device supplier was sued last week by a shareholder of NovaWave Technologies Inc., a maker of greenhouse gas sensors that Thermo Fisher acquired in 2010. The deal included up to $5 million in contingency payments if...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.