Reply To: "Speedy" DD

#87020

In you case it seems that the buyers, two BOD members, have a good knowedge of the Company to acquire as I presume they were there already following the companys operations. The rush to close a deal may come from a number of circumstances like investor availability, urgent needs of the seller etc and in this specific case may be a good approach to close with a limited review.
Generally speaking my opinion is that pushy sellers, buyers, investors etc is not a good sign either from a risk point of view or from a cost/benefit analysis as every deal with its own characeristics must be taken seriously!

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