Read this, it's from a filing on the upcoming MERGER between CTRX division and LOGM. No product is sold, nothing created other than a tax dodge. Behold the fees earned for shuffling paper. Q: What are the anticipated transaction expenses of the Transactions? A: As of the date of this proxy statement/prospectus-information statement, LMI, Citrix and GetGo expect their combined transaction expenses to be approximately $165 to $180 million, approximately $45 to $50 million of which are expected to be incurred by LMI and approximately $120 to $130 million of which are expected to be incurred by Citrix and GetGo on a pre-tax basis. LMI, Citrix and GetGo anticipate that a significant portion of these total transaction expenses will be attributable to advisory fees to be paid to legal, financial and tax advisors, accountants and auditors.
Have you ever read "Barbarians at the gate"? As an advisor for KKR( which finally submitted the winning bid for RJR Nabisco ), Bruce Wasserstein asked for something like 100M$ in fees. He wasn't part of any deal.It was 1987. You can only imagine the amount of bullshit going on today...LOL
A lot less than in the heyday of the 1980's, I'd think, even allowing for inflation and fee-escalation. Other than businesses? They're a "product", arguably? Or do you mean that "only services" are sold, rather than products?