Beruflich Dokumente
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A man that is very good at making excuses is probably good at nothing else. Ben Franklin
First Contact Structuring the Deal Form of Acquisition Form of Payment Tax Considerations Accounting Considerations Acquisition Vehicle Post-Closing Organization Legal Form of Selling Entity Develop Financing Plan/ Structure Decision: Proceed to Closing or Walk Away
Negotiation Process
1Alternatively,
the potential buyer could adopt a more hostile approach such as initiating a tender offer to achieve a majority stake in the target firm.
Phase 6: Negotiation
Negotiating strategy Initially determine areas of agreement and disagreement Solve the easiest areas of disagreement first Establish and maintain trust throughout the process Concurrent activities: Refining valuation Deal structuring Conducting due diligence (buyer, seller, and lender) Developing the financing plan
Phase 8: Closing
Obtain all necessary consents: Shareholder Regulatory (e.g., state and federal) Third party (e.g., customer, lender, and vendor) Complete definitive agreement Purchase price Allocation of purchase price Assumption of liabilities Representations and warranties Closing conditions