The Art of M&A® / Negotiating the Letter of Intent and Acquisition Agreement
An excerpt from The Art of M&A, Sixth Edition: A Merger, Acquisition, and Buyout Guide by Alexandra Reed Lajoux
In [the] process of risk allocation, who should bear the risk of loss associated with undisclosed legal defects in the target discovered after the closing—the buyer, the seller, or both? Is there one correct answer?......