For New Sellers: Top 4 Issues for Sellers to Avoid with an LOI
M&A Talk: #1 Podcast on Selling a Business
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Navigating the Letter of Intent in M&A
The chapter delves into the significance of the Letter of Intent (LOI) in M&A deals, likening it to an engagement that sets the stage for the final agreement. It stresses the importance of including detailed terms like price, payment structure, and liabilities to avoid complications. Tax implications, negotiation timeframes, and the delicate balance accountants face in advising sellers are also discussed in detail.
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