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These deals often faul through at the last minute. Much of the time, the company making the offer just wants to get a look 'under the hood' of a potential competitor.

Think of all the companies google has made these offers to and the deal didn't happen. Strategy at this level is kind of like macroeconomics, it just doesn't map to what makes sense on face value.




The small guy is sort of at a disadvantage if the big company just tries to jerk around. Is there break-up fee as part of the letter of intent?


Depends on the letter.


I'm wondering how it came to be that you typed 'faul.'




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