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BUYER OF BUSINESS LOSES MAJOR CUSTOMERS AND UNSUCCESSFULLY CLAIMS SELLER MISREPRESENTED AND OMITTED MATERIAL FACTS ABOUT BUSINESS

The buyers purchased the seller’s direct marketing coupon refrigerator magnet business for $1.5 million. The buyers defaulted on making payments to the seller after losing two major customers in the first six months after the closing and sued the seller

Posted in Problems when business fails after closing Tagged with: ,

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