Before privately held West Coast Analytical Service Inc. (WCA) agreed to be taken out by a U.K. company, the laboratory services firm turned down another buyer offering a 15% higher purchase price. WCA wanted its fee to be paid in full as close to the deal closing as possible, but the other offer included a longer earnout, recalled Mark Watkins of Sheppard Mullin Richter & Hampton LLP, who advised WCA.
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