To oversimplify it somewhat, he could back out and walk away owing the $1 billion only if his debt financing sources had refused to fund. It was unlikely that w

To oversimplify it somewhat, he could back out and walk away owing the $1 billion only if his debt financing sources had refused to fund. It was unlikely that was going to happen because (1) his lenders had committed to finance the deal (barring the occurrence of very, very unusual circumstances) and (2) they had their own separate legal and reputational exposure if they didn’t show up at closing.