curiousgorge

On the acquiring party's side, isn't it then obvious what side is responsible for leaking the deal? I'd imagine this move breaches some level of trust and risks the entirety of the deal.

To me, when I hear news like this before the proverbial money is in the bank I actually think the deal is likely to fall through

I'm always curious as to who profits from a leak like this. is there ever any interest from the company or acquiring party to leak this deal to the press before it closes?

It's happened with Twitch and now Caviar, so i've started thinking through reasons why it'd be in either party's interest to leak the deal. Any thoughts? Or should I take my tin-foil hat off?