BrightBytes Tried to Buy Hapara. Then a Better Offer—and a Legal Complaint—Emerged
MAY 31, 2017
Financial details in transactions between private companies rarely see the public light. In March, San Francisco-based BrightBytes filed suit against Hapara , claiming the latter had breached contract terms in a Letter of Intent as BrightBytes planned to purchase all of Hapara’s assets. In the suit, BrightBytes claimed Hapara broke “no-shop” and confidentiality clauses to solicit a better offer from another company.