Walk away rights and break fees: are these deal breakers?

In deals there is often a gap between signing of the share purchase agreement and completion of the sale of the shares.  This is so regulatory issues such as the approval of FAS or Strategic Law approval can be dealt with.  Buyers will typically ask for certain protections in this period including that the business is run in the ordinary course of business and they have walk away rights.

Download PDF Share Back To Listing
Loading data