Purchase and Sale of a Business
Program Number
Program Date
CLE Credits
This program examines the purchase and sale of a business. As the end game of any transaction is the contract, the program opens with a brief discussion on contract preparation. It then examines the four stages in the acquisition of a business: first, pre contract considerations attendant to the three types of acquisition: asset purchase, stock purchase, and merger; second, pre-acquisition-agreement documents including letters of intent, term sheets and confidentiality agreements; third, the acquisition agreement, itself, including, among other concerns, warranties and indemnities; and finally related documents and concerns including shareholder arrangements, employment contract and the FTC rule banning non-compete clauses, and opinion letters.
The program also addresses two anomalous New York statutes that bear on the acquisition of a privately-held corporation or an LLC that does business in New York.
Available in States
- California
- Colorado
- Florida
- Georgia
- New Jersey
- New York
- Texas Self Study
Program Categories
- Business Organizations & Contracts
- Contracts
- Federal Courts
- Florida Eligible
- Mergers & Acquisitions
PROGRAM CREDITS
- Areas of Professional Practice : 1 Credit
