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I think this is more of a technical/operational process, and less about the financial/legal one. Typically there is a "LOI" (Letter of Intent) that kicks off th
by mbesto 4y ago
I think this is more of a technical/operational process, and less about the financial/legal one. Typically there is a "LOI" (Letter of Intent) that kicks off the DD process. That stipulates the acquisition price, any key terms (cash vs stock), etc.
- ericb 4y agoI agree. It seems like they are trying to be transparent and detailed, though, and I don't see that in their list, and the negotiations only appear around step 13?