Comment by c-smile

I have a question in regards of this.

If company A owns/purchased license for a product issued by company C.

The license clearly states:

"Licensee may not resell, rent, lease … the Source Code or any part of it … "

And now company A gets sold to company B.

What should happen in this case with the License? Whom the License belongs now? Shall it be revoked or what?

How to deal with such situations in practice?