This is a prima facie absurd view of buyouts; if this were actually how things worked it would be fiscally irresponsible to lend money to any corporation (because the ownership might change, absolving them of their debt), for example.
Or, succinctly: the owners of my bank made an agreement that I can withdraw my money at any time without fee. Should new owners suddenly be able to ignore that agreement? Impose fees? Perhaps even simply deny me the ability to withdraw money at all? I would hope the answer from any reasonable person would be a resounding "No."
Or, succinctly: the owners of my bank made an agreement that I can withdraw my money at any time without fee. Should new owners suddenly be able to ignore that agreement? Impose fees? Perhaps even simply deny me the ability to withdraw money at all? I would hope the answer from any reasonable person would be a resounding "No."