body: Company *A* buys company *B*. Company *B* has contracts with additional parties (say Buyer *X*, Merchandiser *Y*, Consultant *Z*, and others).
  
  
  Can Company *A* refuse to honour the contracts established by Company *B*, or cancel their validity, after the sale is complete?
  
  
  
title: One company buys another. Does it also take over existing contractual obligations?