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Asset Acquisition and Sales

Throughout the life cycle of the business, your company may be in a position to acquire or be acquired. The business attorneys of Dalton & Tomich, PLC have experience assisting clients in stock and asset acquisitions and sales. We will work closely with you throughout all stages of the process to ensure a result that best meets your business’ goals for the future.

Our legal support for businesses in asset acquisition and sales includes:

  • negotiating the terms of a letter of intent
  • drafting the purchase agreement
  • offering guidance through the due diligence process
  • navigating financing
  • working through closing and post-closing matters.

Clients frequently tell us that our attention to detail and our resolve to get the deal to close make an incredible difference in bringing about an optimal result.

We can help you meet your goals.

The attorneys of Dalton & Tomich, PLC have the experience and the knowledge to work with you to develop a legal solution that helps you accomplish your goals.

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Frequently Asked Questions:

An asset sale is when the buyer and seller decide which assets and liabilities are being bought and sold, and a buyer can exclude unwanted assets or liabilities. A stock sale is when the buyer is purchasing stock in the company, and purchasing all the assets and liabilities that are attributed to the company.

Contracts are considered an asset that can be acquired, but typically, consent of the other party to the contract is required for its transfer.

If the corporation does not have a lot of shareholders, this would also be a less complicated method of acquiring a company. Also, in a stock purchase, because the buyer is purchasing the whole company, the buyer can obtain non-assignable contracts, permits, or licenses that would normally require consent of another party. The drawbacks are that along with the good, the buyer would also take on all the liabilities and debts of the company.