Is it against some regulation to do negotiations concurrently? | Hacker News

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draggnar on April 9, 2012 | parent | context | favorite | on: Facebook acquires Instagram

Is it against some regulation to do negotiations concurrently?

dkasper on April 9, 2012 | [–]

No. Some deals will include "no-shop" and other similar clauses to prevent this sort of thing, but it's definitely not a requirement.

cmer on April 9, 2012 | [–]

No but why raise so much money at such a lousy valuation if you're 30 days away from a billion dollar exit?

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