{"id":45710,"date":"2015-11-25t05:00:44","date_gmt":"2015-11-25t10:00:44","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=45710"},"modified":"2017-03-20t00:06:44","modified_gmt":"2017-03-20t04:06:44","slug":"14-provisions-include-loi","status":"publish","type":"post","link":"\/\/www.g005e.com\/2015\/11\/25\/14-provisions-include-loi\/","title":{"rendered":"14 provisions to include in a letter of intent"},"content":{"rendered":"

\"smiling<\/a>avoid promising to \u201cnegotiate in good faith.\u201d<\/strong><\/p>\n

by marc rosenberg<\/span><\/i>
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cpa firm mergers: your complete guide<\/span><\/i><\/a><\/p>\n

letters of intent should be drafted cautiously and with as much detail and precision as possible. this avoids potentially fatal misunderstandings or disagreements around key terms later in the process.<\/p>\n

more on mergers:<\/b> case studies reveal potential loi issues<\/span><\/a> | <\/span>what to ponder before issuing a letter of intent<\/span><\/a> | <\/span>want to merge? ask for data<\/span><\/a> | <\/span>one times fees is a steal!<\/span><\/a> | <\/span>the merger process in 21 steps<\/span><\/a> | <\/span>plant seeds to turn up merger candidates<\/span><\/a> | <\/span>13 ways to screw up a merger<\/span><\/a> | <\/span>15 can\u2019t-skip merger terms to decide<\/span><\/a> | <\/span>13 reasons accounting firms merge<\/span><\/a> | <\/span>5 steps to take before merging<\/span><\/a><\/p><\/blockquote>\n

an loi is too often seen as a non-binding jumping-off point, with no real consequences. this is not exactly true. for starters, an attempt by one party to change a material term in the loi can be characterized by the other party as an act of bad faith or a breach of trust, which can
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