Inspirato And Buyerlink Mutually Terminate Merger Agreement Without Fees Or Penalties

Author: Benzinga Newsdesk | September 23, 2025 03:10pm

On September 18, 2025, Inspirato Incorporated ("Inspirato"), RR Merger Sub, Inc. ("Merger Sub") and Buyerlink Inc. ("Buyerlink") entered into a Mutual Termination Agreement (the "Termination Agreement") pursuant to which the parties mutually terminated the Agreement and Plan of Merger, dated June 25, 2025 (the "Merger Agreement"). The Termination Agreement provides that the Merger Agreement is terminated pursuant to Section 6.1(a) thereof and shall be of no further force or effect, except that provisions expressly stated to survive termination shall remain in effect in accordance with their terms. The Termination Agreement further provides that no termination fee or reverse termination fee is payable by any party and that each party will bear its own fees and expenses incurred in connection therewith. The Termination Agreement also includes mutual releases subject to customary exceptions for obligations that expressly survive termination.

Posted In: ISPO