3 ms·
After you have a binding deal like the one he signed, it's very hard to get out of it. Being forced to complete the deal anyway has precedent, like 2 years ago
by tyrfing 4y ago
After you have a binding deal like the one he signed, it's very hard to get out of it. Being forced to complete the deal anyway has precedent, like 2 years ago when LVMH tried to back out of their Tiffany deal due to Covid.
https://www.law360.com/articles/1324006/tiffany-lvmh-lower-merger-price-to-15-8b-settle-dispute https://www.law360.com/articles/1324006/tiffany-lvmh-lower-m...