Always
The LOI must include:
General valuation (a range of figures), with adjustment mechanisms. These are to be solidified once all financial information is available.
Deal breaker conditions. This includes items like a substantial change in net working capital.
Responsibility for expenses. This should be a binding clause.
Exclusivity or go-shop. ...
Get Successful Acquisitions now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
