3 ms·
You are wrong, I’m afraid. The breakup fee is reimbursement for outside factors tanking the deal. A binding agreement to buy means that if you arrange financing
by selectodude 3y ago
You are wrong, I’m afraid. The breakup fee is reimbursement for outside factors tanking the deal. A binding agreement to buy means that if you arrange financing and the government doesn’t veto it, you’re legally obligated to close.