M&A: Typical Transaction

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samparkin92
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Last updated: December 27, 2024
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First submittedDecember 27, 2024
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PHASE 1
Preliminary
What is first distributed?
Teaser
What is signed?
Non-Disclosure Agreement
What is the first piece of info provided on?
Information memorandum
PHASE 2
Due diligence
Purpose
Understanding
Awareness
Identify issues
Preferably when does this take place?
Before binding agreement
What is found in legal DD?
Corporate info
Finance Insurance
Tax
PHASE 3
Letter of intent
Bilateral or Unilateral?
Bilateral
Offer of intent is...?
Unilateral
PHASE 4
Pre-contract
Latin term for damage caused by fault during pre contractual phase
Culpa in contrahendo
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