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Buyer Can’t Blame Seller for Business Failure When Assisting in Manager Selection

The seller stayed on under a temporary consulting arrangement. At buyer’s request the seller helped pick a president for the buyer to manage the business. It did not work out and the business failed. M&A Stories April 15, 2022 Introduction:

Posted in Problems with Deferred Purchase Price, Problems with post-closing management of business Tagged with: , , , , , , , ,

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