4 ms·
If I read the agreement correctly (and if Matt Levine has read it correctly too :) ), you cannot just walk away and pay the $1B. There were specific reasons tie
by vaidhy 4y ago
If I read the agreement correctly (and if Matt Levine has read it correctly too :) ), you cannot just walk away and pay the $1B. There were specific reasons tied to walking way and the primary one was not being able to secure the funds. That is not true in this case. There were commitment letters from the banks.