Strictly Business
A legal blog on private funds, startups, and venture capital.
Strictly Business
A legal blog on private funds, startups, and venture capital.
Tag Acquisition
Selling Your Business – Practical Tips for Sellers – Part 4: Letters of Intent
This is the fourth in a series of posts discussing the sale of a business from the seller’s perspective. In the first three posts, we provided an introduction to this series and discussed asset versus stock sales, seller financing, and…
Selling Your Business – Practical Tips for Sellers – Part 3: Earn-outs
This is the third in a series of posts discussing the sale of a business from the seller’s perspective. In the first and second posts, we provided an introduction to this series and discussed the difference between asset and stock…
Selling Your Business – Practical Tips for Sellers – Part 1: Introduction and Deal Structure
Introduction It’s time to cash out. You’ve reached retirement age or some other point in your life where you want to sell your business. Or perhaps your business has reached a point where you can’t take it any farther on…
Drafting Nondisclosure Agreements in the M&A Context: Consider What Will Happen When the Deal Goes South
Let’s say you’re buying a business. As a condition to receiving more information, you are required to sign a nondisclosure agreement that contains all of the usual blather. You then start to sift through the mountains of information provided (and…
Due Diligence for Buying a Business 101 – Part 4: Operational Due Diligence
Previously, I wrote about the need for the purchaser of a business to conduct due diligence on its prospective acquisition target. As I discussed, due diligence on a business can be split into three sections: legal, financial, and operational. This…
