Published Works | MarketWatch | 03 March 2020
Return of the MAC? Coronavirus could be the new negotiating leverage in deals
The coronavirus could prompt private equity funds and companies to look for a way out of deals and financing agreements.
Spooked by the rapid spread of the deadly virus, companies and buyout groups worldwide are quietly starting to ask their lawyers whether they can invoke so-called material adverse change (MAC) clauses and walk away from deals.
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