Posts Tagged ‘Purchase Option’

How Not To Exercise A Purchase Option

Author: Michael Adendorff

Wednesday, August 20th, 2008

The following case illustrated that it often helps to talk to a solicitor about the terms of a contract before acting on what you thought was right.
  
A purchase of shares in a retailer company fell through because the buyers failed to follow the prescribed procedure after exercising their option to purchase. In this case a [...]


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