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Blog Post | Timely Disclosure

COVID-19 and Material Adverse Change Provisions in M&A Agreements

Fasken
Reading Time 1 minute read
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Introduction The COVID-19 pandemic has raised a fundamental question for M&A participants: does the outbreak of COVID-19 and the impact on a business constitute a “Material Adverse Change” (referred to as a “MAC”) under merger agreements? The answer is important because if the pandemic is a MAC, then buyers can typically walk away from a... Continue Reading

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