M&A Boot Camp booklet 2023 - Flipbook - Page 64
Pre-Closing Covenants
What’s the difference between a pre-closing covenant and a post-closing
covenant?
Are there any post-closing covenants in the acquisition of a public
company?
What are the consequences of a breach by the target company of a preclosing covenant?
– Pre-closing walk right for buyer?
– Pre-closing suit for damages by buyer?
– Pre-closing specific performance remedy for buyer?
– Post-closing indemnification remedy for buyer?
– Post-closing rescission remedy for buyer?
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