When you can’t stand your partner anymore, you offer them a price for their shares. They have two choices: accept or buy you out. Triggering a shotgun deal can have explosive results, as Kim Ades found when she offered to buy out her husband.
When selling a business there are too many things that can go wrong, too many egos with the potential to be bruised, and too many zeroes at stake to negotiate on your own behalf. That’s a lesson Alexis Neely found out the hard way. What started out as a promising relationship with a buyer ended up as a DIY disaster.