What to keep in mind
Coordinate the letter of intent, due diligence, transaction structure, warranties, conditions precedent, closing and post-closing obligations.
Skipping document verification can transfer unexpected liabilities or frustrate the intended business operation.
Distinctions often confused
Buying shares in a company differs from acquiring selected operating assets.
Frequently asked questions
Does a letter of intent replace due diligence?
No. It ordinarily organizes negotiations and does not establish the company's full risk profile.
What should be checked before signing?
Ownership, financial and legal liabilities, material contracts, management authority and any necessary consents.
Informational content. It is not a substitute for professional advice.