• nucleative@lemmy.world
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    16 hours ago

    You can do due diligence as a buyer forever but if the seller lies or doesn’t disclose… Problems like these happen. Lawsuits are potentially incoming to figure that one out.

    • driving_crooner
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      16 hours ago

      This is why any good merge and acquisition contract have stipulations that update the price of the transaction 6 months or a year after purchase.

      • sunzu2@thebrainbin.org
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        12 hours ago

        Commercial litigation is expensive AF and unpredictable. Ideally, good DD should prevent it.

        But yeah, once you are fucked, get you a team of legal whores lol