A Trap For The Unwary In Terminating M&A Transactions

Law360, New York (December 12, 2012, 4:38 PM EST) -- Your company might undertake a merger or acquisition for any number of reasons. It might wish to expand into new markets; to acquire valuable technology or other assets; and/or, of course, simply to grow the bottom line. No company ever wants to find itself hip-deep in litigation after taking a seat at the negotiating table. But that can and does happen — often when a company tries to “hedge its bets” in its contract with its acquisition target.

Imagine: You have signed an agreement to purchase...
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