top | item 11436906

(no title)

brwnll | 10 years ago

This is nonsense. A company "swooping in" to buy a company assumes the liabilities of that company.

If Alphabet were to buy a struggling company, they don't get to go to it's creditors and say "We will pay you $1, which you should consider a blessing, since if the this company went out business you would have got nothing".

Similarly, if the company made sales of a product on the notion of "lifetime support and updates", a purchasing company is absolutely responsible to uphold those guarantees (this is the type of thing companies do due diligence for before acquiring a business).

discuss

order

No comments yet.