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Tech Investing Part II: Purchase Price Adjustments

Buyers, sellers, their counsel and other advisers sometimes give short shrift to post-closing adjustment provisions in M&A deals; however, it’s important to make sure that language and calculation methods are clear and don’t...more

Delaware Supreme Court: Purchase Price Adjustment Must Be “Correctly” If Not “Consistently” Applied

In a recent case examining a purchase agreement’s post-closing purchase price adjustment provision, the Delaware Supreme Court held that the agreement demanded that the provision be applied correctly when determining the...more

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