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$2 Billion Purchase Price Dispute Over GAAP Compliance Highlights Need for Careful Drafting

Cooley M&A

Purchase price adjustments are common features (2015 SRS study: 77% of deals) of private merger agreements that are generally intended to ensure that the acquired company will have the same level of cash or working capital to operate the business post closing that it had at signing. in accordance with. MidOcean (Del.