Give the OP a break. To say his entire post makes no sense is ridiculous. He transposed one word. Replace the word "buyer" with the word "seller" and his post makes perfect sense.
That said, there are always 2 sides to every story. I'm sure the other two involved will tell their side as they are board members.
However, if it happened as the way the OP described - raising the price after it was already agreed upon - then that is pretty crappy.
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