Trachtenburg v. Sibarco Stations, Inc.

OPINION

MANDERINO, Justice.

Appellant, Sibarco Stations, Inc., entered into agreements with appellees to purchase contiguous parcels of real estate in Homestead, Pennsylvania, for the purpose of constructing a service station. The purchase of each parcel was contingent, inter alia ; upon the consummation of all the purchas es; upon the premises being free and clear of all leases; and upon appellant’s receipt of the necessary permits for construction. Nearly six months after accepting appellees’ offer, but before a closing date was agreed upon, appellant informed appellees it was cancelling the…