In August 1991, plaintiffs agreed to the acquisition of their company by another company in exchange for cash, shares of stock in the acquiring company, and the latter's guarantee that it would make up the difference if those shares did not sell for a specified minimum in and after June 1993. The stock price plummeted in 1992, plaintiffs sold their stock in August 1992 for substantially less than the guarantee, and demanded the difference from the acquiring company, which...
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