Exiting Billion-Dollar Deals Over Coronavirus Spurs Big Court Fights

(Bloomberg)—A deal is a deal, except for a growing number of companies that agreed to buy assets before the Covid-19 pandemic sent markets plunging.
Panicked executives already have launched a handful of legal battles that could blow up billions of dollars’ worth of merger and acquisition agreements. And litigators predict at least a dozen more limping deals will crash land in courts over the next few months.

Read Full Article: bit.ly/2VNbaw1