Kicked our LOI 30-days before close
I was kicked out of LOI after working on the deal for 11 months, sell-side delays
Paid DD costs - legal, tax, financial, insurance
Signed Term Sheets
30-days before closing, when we were preparing SPA, greedy seller and broker spoke to a new buyer and my cancelled LOI with 5 days notice pressuring me to pay higher or they will kick me out; by that time I was acting on good faith exclusivity until they pulled the plug
5 months later new buyer and the broker emails our accounting directly firm to release (Big 4) our DD reports for a petty price. Says, they want to save time and move quickly
Accounting firm informed me
I have 0 feelings about the deal. I will not do that deal.
But what are some suggestions in this situation?