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The legal process of an M&A transaction
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The legal process of an M&A transaction
Buying or selling a business is one of the most significant transactions a business owner will face. From offer to completion, the legal steps can be complex but with the right guidance, the process can run smoothly. Below, we outline the key legal steps involved in a typical M&A transaction. Step 1. Offer letter / heads of terms The starting point of most transactions is the offer letter or heads of terms. This document outlines the commercia…
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