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P51-D

07/19/11 11:15 AM

#120588 RE: Artiztic1 #120584

I don't understand the post,,,,it makes no cognitive, tangible sense. Is there something misunderstood about all the refutations of the speculation proffered here, lately ????? Please see previous posts.

Steady_T

07/19/11 2:43 PM

#120671 RE: Artiztic1 #120584

What you fail to understand is that doing DD costs money in a corporate merger. Typically the parties agree to examine contracts and obligations of a certain size or larger.

Looking at the smaller ones takes to much time, delays the merger process and costs more than the obligations are worth.

You are right in stating that RKT could examine contracts all the way down to the office paper clip purchase agreements. As a practical matter, it is not worth the time or expense to do so and isn't done.