# M&A for Arbitrum DAO

**URL:** <https://forum.arbitrum.foundation/t/m-a-for-arbitrum-dao/23205>\
**Category:** Archived Proposals\
**Tags:** proposal, governance\
**Created:** [April 15, 2024, 11:04am UTC](https://forum.arbitrum.foundation/t/m-a-for-arbitrum-dao/23205 "2024-04-15T11:04:01Z")\
**Posts on this page:** 1\
**Showing post:** 15

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**Author:** ![MinistroDolar](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/ministrodolar/32/6167_2.png) [@MinistroDolar](https://forum.arbitrum.foundation/u/MinistroDolar)\
**Post date:** [April 23, 2024, 1:28pm UTC](https://forum.arbitrum.foundation/t/m-a-for-arbitrum-dao/23205/15 "2024-04-23T13:28:37Z")

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Hi @Bernard

I like the proposal, I think as you have illustrated there may be opportunities (especially in terms of acquisitions) for Arbitrum DAO and it seems to be a good approach to be prepared for this.

I have some doubts that maybe you could answer:

- Who gets the 3% advisory fee?

- Do you have any details on how to reach 600k of estimated expenses for M&A Unit Mgmt. Co?

- I understand that the DAO would be part of the organization as a Limited Partner, can the DAO have this role in a company legally speaking? (it is a very specific question I know, but I don’t know the legal details).

> [@Bernard](#):
>
> With regards to checks and balances from the DAO, we propose that the total fund amount is held within the DAO’s treasury but is earmarked for use by the M&A Unit.

- Correct me if necessary, but wouldn’t this generate the need to vote in Tally every time the entity wants to use funds for any acquisition?

Finally, I would like to see in the proposal mechanisms to exclude/replace any member of the “Arbitrum DAO Steering Committee” if necessary, not only for any bad performance but also because the proposal aims to last at least 2 years, which is quite a long time.

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