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Please discuss the environmental issues in M&A. In particular, discuss in detail in your answers the following questions: a. Are leased real estate treated differently

Please discuss the environmental issues in M&A. In particular, discuss in detail in your answers the following questions: a. Are leased real estate treated differently than owned real estate for the purposes of environmental liabilities? b. Please explain the concept of the innocent purchaser defense and its applicability in the context of acquisitions. c. How do asset purchases and stock purchases differ in terms of their treatment of environmental issues?

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