What is the definition of a A Retainer?
- Posted on November 21, 2019
- Financial Terms
- By admin admin
A retainer is a fee paid in a takeover firm in case the deal falls through. The company making the acquisition will include the payment as a sign of their good faith and intent to follow through with the deal.
Typically, retainers are between 10% and 20% of the total value of the deal.
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