D
Dan Murray
Guest
I need to be a little careful with the information provided - for reasons that should become obvious.
Say mini company X agrees to be purchased by big company Y
A purchase price is agreed between the two parties which represents relatively small money for Y but massive money for X
The owners of company X are aware that the income levels upon which the purchase price was based are unlikely to continue (i.e. significant reduction inevitable) and that the changes in expected income are unlikely to become apparent during the due diligence process
Is it ethically justifiable to continue with the sale without advising the purchaser of the changed circumstances?
Say mini company X agrees to be purchased by big company Y
A purchase price is agreed between the two parties which represents relatively small money for Y but massive money for X
The owners of company X are aware that the income levels upon which the purchase price was based are unlikely to continue (i.e. significant reduction inevitable) and that the changes in expected income are unlikely to become apparent during the due diligence process
Is it ethically justifiable to continue with the sale without advising the purchaser of the changed circumstances?