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Five Million Reasons for Government Contracts Lawyers to Assist with the Acquisition of Companies that Perform Government Contracts
Morrison & Foerster – Due diligence is an important preliminary step before one company acquires another or an investor puts millions behind an existing firm. When a target company performs government contracts or subcontracts, it is critical that experienced government contracts attorneys be part of the due diligence team—ideally for both the buyer and seller, but certainly for the buyer. A recent Justice Department press release announcing a $5.2 million settlement illustrates the potential consequences of not heeding that advice.