If that is the case then would not the sale also fall through because the agreement to purchase and pay $40 million would have also been signed after the start of trading under insolvent circumstances. I think there are far too many moving cogs to draw any conclusion as some of them would favour OVH and some would detract.
I find it highly unlikely that OVH would have thought that Sargon was trading insolvently as it would have had too much risk to continue.
I do agree that in hindsight it may well have evolved to that conclusion but not upfront.
If that is the case then would not the sale also fall through...
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