M&A Boot Camp booklet 2023 - Flipbook - Page 27
Sample acquisition chronology
Private target
Letter of Intent
or Term Sheet
Confidentiality
Agreement
Definitive Acquisition Agreement;
Disclosure Schedule;
Stockholder Consents
Exclusivity
Agreement
Due Diligence Investigation
Escrow
Release
Closing; Escrow Agreement;
Noncompetition
Agreements
HSR Act
filings, antitrust
clearance, etc.
Post-closing
indemnification
claims