
First Conversation to LOI Session 1
M&A Science
00:00
Do You Use Different Components in an L.O.Y?
"I will go out in low bid, very low in purchase price, but all cash offer, no contingencies," he says. "If they counter, then I'm throwing back my contingencies and other variables" L.O.Y.'s willingness to do more in key insurance is 'table stakes' for most deals now, CEO says. He's focusing on speed, like being able to get to deal with certain people close.
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