In an acquisition of a publicly traded company, a material breach by the target company of a material pre-closing covena

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answerhappygod
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In an acquisition of a publicly traded company, a material breach by the target company of a material pre-closing covena

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In an acquisition of a publicly traded company, amaterial breach by the target company of a material pre-closingcovenant could be expected to give the buyer:
a. A right to recover damages directly from the target company’sdirectors
b. A post-closing indemnification right
c. A walk right
d. All of the above
It is normally appropriate to “date”:
a. The “no undisclosed liabilities” representation
b. The “10b-5” representation
c. Certain listing representations
d. Certain risk allocation representations
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