What Is Your Take When a Buyer Sends an L O I Without Meeting With the Acquisor?

An l o i is an indication of interest, versus a letter of intent. If you're getting one of those without ever having met an acquirer, like again, i would be very concerned. You should go to all the private equity companies that are looking to buy businesses in your industry and play one off the other. Don't get lured into signing an l o i with one p company. That's just basically trolling for a for deal flow. And what you should do is create competitive tention.