One way to ruin a good deal.
A number of years ago, I was in exploring buying businesses in New Mexico and beyond. My connection in most of these efforts was through business brokers. In one process the following happened: The business owner invited me, a prospective buyer, to meet with him. An offer to purchase had been signed by both parties and we were in the due diligence period. The broker was not to be at the meeting, for [...]
