Business Lawyers Blog
A Letter of Intent (LOI) should set out the key terms of an acquisition before the parties negotiate the final agreement. Although these letters are typically non-binding, business owners should give careful consideration to terms beyond the purchase price. A poorly drafted LOI can slow negotiations and weaken a business’s position if a legal dispute arises. Call Structure Law Group, LLP, to speak with a Silicon Valley mergers and acquisitions lawyer about drafting a Letter of Intent.
M&A Letters of Intent: Critical Terms Beyond Purchase Price
In addition to identifying the parties, a Letter of Intent should include: