Why Deals Fail

Some deals never close, and many that do disappoint the buyer. Here are the main reasons, real examples of blocked and abandoned deals, and what investors can learn.

Deals that never close

DealOutcome
Adobe and FigmaAbandoned in December 2023 amid regulatory opposition; Adobe paid a $1 billion termination fee
JetBlue and Spirit AirlinesBlocked by a court in January 2024
Kroger and AlbertsonsBlocked by courts in December 2024

Public outcomes.

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