During an acquisition, there is usually a "As to the Seller" and "As to the Buyer" where both parties are to provide certain Due Diligence request? Did the two parties engage in this process?
Because the failed merger tells me something popped up that violated one of the covenants.
It should be in the original SPA.
I just don't have the time for research, I'm trying to get this car done today. Just waiting on a sensor I ordered yesterday.