MAC to the rescue? When buyers should claim a material adverse change
$225.00
Description
Abstract: A lot can happen on the way to an M&A closing, including dramatically weakened performance, undisclosed issues, or other negative events at the target company. A material adverse change (MAC) clause can, in some circumstances, help buyers escape a bad deal. However, it can also lead to litigation and financial consequences. This article discusses the kinds of adverse events a MAC clause can cover.
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