By Kelly Frey and Amelia Lant ( April 23, 2018, 3:28 PM EDT) -- Transactional attorneys are taught early in their careers that there are two types of merger and acquisition transactions: stock deals and asset deals. Unfortunately, that dichotomy is practically wrong and can cost midmarket, closely held companies millions of dollars — and create potential malpractice claims by clients who become aware of the knowledge gap of their counsel after the transaction is completed....
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