Friday, April 23, 2010
Selling a Business: Anatomy of a P&S Agreement
Few legal documents you’ll sign in your lifetime are more complex or more daunting than the Purchase and Sale agreement that accompanies the sale of your business. While most sellers naturally focus their chief attention on purchase price and any hold-back amount, there
are often other terms within a purchase and sale agreement that can have greater impact on the final, long-term outcome for the selling shareholder(s).