Is a Letter of Intent Binding in a Business Acquisition?
A letter of intent is usually non-binding on price and structure, but exclusivity, confidentiality, and good-faith language can bind you from the day you sign.
Tag: M&A
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What Are the Steps to Sell a Business, From LOI to Closing?
Selling a business runs through preparation, an NDA, a letter of intent, diligence, a purchase agreement, closing, and post-closing terms. Here is each step.
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Asset Purchase vs Stock Purchase: Which Deal Structure Fits?
The choice between an asset purchase and a stock purchase decides who inherits the liabilities, how the deal is taxed, and which contracts survive closing.
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What Does Due Diligence Cover When Buying a Business?
Due diligence when buying a business means reading contracts, records, and liabilities before you commit. Here is what to request and what the findings change.
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How Reps, Warranties, and Indemnities Protect a Buyer
Representations and warranties describe the business at signing; indemnification pays when they prove false. How caps, baskets, and survival periods work.