Mergers and Acquisitions
Buyer of Government Contractors: New SBA Size Recertification Rules Will Affect Merger & Acquisition (“M&A”) Transactions
The SBA’s revised size recertification rules significantly changed how mergers and acquisitions involving government contractors would be evaluated. In this Bean, Kinney & Korman article published in the BKK Business Law Newsletter, Phil W. Jaeger explains that under prior SBA rules, buyers could often avoid size recertification by structuring a transaction as a stock purchase or reverse merger. This allowed a larger company to acquire a small government contractor and continue performing…
March 1, 2007