signed the acquisition agreement

Posted by Liu Yi over 6 months ago

There are different opinions about the reasons for the failure of the acquisition. The incoming Red Star Macalline will probably pay a huge amount of default fees, and it is also spreading in the industry. One argument is that in February this year when the two sides signed the “Framework Agreement on Share Purchase,” Red Star Macalline has already paid RMB 1 billion as a deposit to Jisheng Weibang; there was a clause at that time that if the acquisition failed, JSWB would deduct a 50% deposit. At the same time, more industry sources said that in 2009 the Red Star Macalon also failed to buy Jisheng Weibang and paid the latter 30 million liquidated damages. However, another source pointed out that after the two sides signed the acquisition agreement, the Red Star Meikailong only paid Ji Shengwei state 200 million yuan in down payment, and there will be no further details. Including the Nanfang Daily, Fenghuangwang, Sohu.com and other media reports, all referred to the breach of contract. Related links: [url=http://meadowsapartments.net/composite-deck/18176-good-strength-and-good-price.html]good strength and good price[/url] [url=http://codegist.in/wholesale/6243-4-foot-wood-fence-price.html]4 foot wood fence price[/url] [url=http://codegist.in/manufacturer/4048-outdoor-deck-flooring-material-comparison.html]outdoor deck flooring material comparison[/url]