Wasn't Clubhouse's biggest failure that they were offered $4 billion for a 4 month old company and said "no"? Or would it have never made it out of due diligence? It seemed to dissolve within what I think a DD period would still be happening, but not for a reason (business trends) I would assume would be directly allowable to cancel.
I'd appreciate it if people with more experience than me weighed in on if the acquisition could have been aborted, if it could technically have been aborted but probably would have gone through, or if it would have gone through cause a contract is a contract.
I'd appreciate it if people with more experience than me weighed in on if the acquisition could have been aborted, if it could technically have been aborted but probably would have gone through, or if it would have gone through cause a contract is a contract.