Purchase and Sale Transactions
Purchase and Sale Transactions – The purchase or sale of a business is not a transaction to be taken lightly. The formal process typically includes a Letter of Intent, substantial due diligence and research on the company, a definitive Purchase and Sale Agreement, and the closing where title is transferred.
Purchase and sale transactions are either “stock purchases” or “asset purchases” depending on the goals of the buyer and risks associated with the business.
Our goal as Corporate Counsel in these transactions is to ensure the assets and liabilities associated with the business are clearly associated to the proper party.