Risk Allocation Between Signing and Closing an M&A Deal
M&A Science
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What's the Difference Between Signing and Closing?
Veri is an inhouse lawyer at war pinkes, a law firm based in New York. He says he has been with the company for seven years and works on both front and back end of transactions. The most common reason why there's a gap between signing and closing is because you need to get some sort of corporateprov typically from the target but sometimes also from the buyer as well - that's sherbo rule. Veri: "Everything's a forward looking statement. Nothing matters"
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