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Home / Columnists / Ennico / ENNICO: Negotiating the ‘Letter of Intent’ When Buying a Business  (access required)

ENNICO: Negotiating the ‘Letter of Intent’ When Buying a Business  (access required)

 "I am looking to buy a local business. The owner and I have agreed on a purchase price subject to my reviewing his books and records. I was expecting the owner to send me a sales contract for the business, but he sent me something called a 'letter of intent' instead.  "I read over the letter, ...

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