LGD legend corporation limited

"Quality Due Diligence no doubt.........." Well, to be fair,...

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    "Quality Due Diligence no doubt.........."

    Well, to be fair, even the best due diligence wouldn't be able to know how much asset harvesting might take place in the period between when the purchase agreement is signed, and when the acquirer actually gains control.

    Which is the very reason that acquisition agreements include clauses to protect both parties.

    Meaning that if LGD now has to re-capitalise Celemetrix to some degree, then that will effectively be for the account of the Celemetrix vendor(s), anyway, in the form of a lower acquisition price.
    Last edited by madamswer: 20/03/18
 
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