Specializing in Business Sales & Acquisitions

Satterlee & Associates, Inc.

815-637-6005 EMAIL US
4351 Ruskin Rd. Rockford, IL 61101
Fax: 815-231-8205

Our Process

Step 9: Due Diligence Period & Purchase Agreement

During the exclusitity period, the buyer is conducting heavy due diligence on the business, with an intent to acquire it. If the buyer wishes to proceed, a more formal purchase agreement must be drafted to define all of the details of the transaction including: legal, financial, representations and warranties. The purchase agreement is the definitive document outlining the terms of the sale.
Step 8: Intent of Interest (IOI), Letter of Intent (LOI) & Negotiation Step 10: Schedule Closing & Transition Period
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