The stock purchase agreement provides that any party may terminate the agreement by written notice at any time before the closing if the closing "shall not have occurred on or prior to August 31, 2007 so long as ... the failure of the Closing to have occurred by such time is not due solely to regulatory action or inaction beyond the control of any party hereto." The parties' failure to close by August 31, 2007 was not due solely to regulatory action or inaction beyond their...
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