AVOIDING TRAPS IN THE AGREEMENT OF SALE

Frederick D Lipman

Chapter 7 in Business Exit Strategies:Family-Owned and Other Business, 2018, pp 57-76 from World Scientific Publishing Co. Pte. Ltd.

Abstract: An agreement of sale for a business is a complicated legal document. One may argue that there are so many conditions on the buyer’s obligations in a typical agreement of sale that the agreement is nothing more than an option in favor of the buyer. This would dictate that owners should not enter into the actual agreement of sale until the buyer is ready to close to avoid taking the business off of the market…

Keywords: Exit Strategies; Family Business; ESOP; Going Public; Leveraged Recapitalization (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789813233225_0007 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789813233225_0007 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789813233225_0007

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().