2 ms·
A buyer being too incompetent to perform basic due diligence on a deal worth hundreds of millions of dollars doesn’t constitute bad faith by her. A more accurat
by sonotathrowaway 6y ago
A buyer being too incompetent to perform basic due diligence on a deal worth hundreds of millions of dollars doesn’t constitute bad faith by her. A more accurate thing to say is that gross negligence or pure incompetence led someone to purchase a worthless asset.