There are always termination clauses in contracts, usually with penalties. The question is whether Apple can live with the penalty or perhaps even better, negotiate new terms favorable to Apple. And I'm sure prior to the closing of the deal, Apple's legal team did their due diligence and reviewed all contractual and legal obligations of Anobit. Having been a contracts manager this is standard practice for any merger or acquisition.
12/20/11 at 7:29am