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BUYER OF A BUSINESS THAT FAILS CAN’T BLAME SELLER WHO HELPS PICK NEW MANAGER

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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