Management buy-out (MBO) deals help in reducing the scope for disputes. Mind you, some disputes can derail the entire transaction. All that we get to hear after such a `failed deal' is one scorned party voicing its opinion, if at all. "As the buyer is fully aware of the business, there are fewer chances for dispute about the quality of the business. MBOs do really add value to the M&A deals through greater synergy value flowing from independence and autonomy to the management and strategy, backed with sufficient commitment on investment. Such higher synergy value provides for sufficient cushion for the buyer and seller to compromise on many areas of dispute," notes Mr M. R. Rajaram, a chartered accountant by profession, who has been associated with ICI India for more than 35 years.