sweetheart deal
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Sweetheart Deal
A merger or company sale where one company involved in the deal gives the other very attractive terms and conditions.
Investopedia Commentary
In other words, a sweetheart deal is a transaction that a firm simply cannot pass-up. This is usually considered to be unethical. For example, a merger may be a sweetheart deal for the management executives of the target because they get healthy buyout packages, but it may not be in the best interest of shareholders.
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sweetheart deal