Mergers & Acquisitions
Oct. 5, 1999
Rest Assured
By Alan J. Barton Each acquisition involves a purchase and sale contract in which the purchaser of the target company obtains written assurances from the seller. These assurances typically take the form of representations and warranties about a variety of subjects, including the seller's ownership of, and right to sell, the target company and the target's assets, liabilities, financial statements, major contracts, litigation, intellectual property and undisclosed liabilities or problems.
Each acquisition involves a purchase and sale contract in which the purchaser of the target company obtains written assurances from the seller. These assurances typically take the form of representations and warranties about a variety of subjects, including the seller's ownership of, and right to sell, the ...
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