Deal or no deal
At a glance
- The article titled "Deal or no deal" discusses an M&A transaction in the telecommunications industry that was terminated due to a condition precedent related to the transfer of properties owned by the target company.
- The termination of the transaction raised issues regarding liability for termination costs, which were eventually resolved through a mutual termination agreement with both parties bearing their own costs.
- The experience highlighted the importance of considering potential no-deal scenarios, negotiating with opposing counsel, and being flexible in order to navigate obstacles in M&A transactions.
In this article, they discuss an M&A transaction which took off but was later terminated. They reflect on the learnings and highlight some of the financial and legal implications involved in calling off a deal.
Click here to read the article.
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