Reduction in revenues during the due diligence period?
I am looking at a small business and during due diligence period, we found out that business is down 14% in revenue this year. Is it typical to request price reduction in that order or lower or would that be breach of agreed price. I am sure the seller will push back and hence wanted to understand what is typically expected ? Just want to get feedback from buyer, seller or brokers who have experienced the same
