What are the ways to merge or acquire a business?
One way to merge and/or acquire a business is to buy the entirety of its assets instead of the business itself. The merging and/or acquiring of the assets (as opposed to merging and/or acquiring the shares or ownership interest), however, means that the stock or ownership interest is not transferred – meaning that the ownership of the company is retained by the previous owners.
The buyer, therefore, must make a new entity (or have one already in place) in which to transfer the newly purchased assets. An asset purchase can be especially useful when there are liabilities that the purchaser has no desire to take over. For example, if a business is subject to a long-term lease, the buyer would not be under any obligation to continue the lease, whereas the stock purchaser would be obligated.
Benefits of having an attorney during a merger or acquisition
- Attorneys are knowledgeable regarding the law.
- Can guide the business during the process.
- Can potentially negotiate with the opposing side if it is necessary.
How long does it take to have a custom Merge or Acquire a Business?
Approximately 3-5 business days*
*Depending on Specifications
Why our firm to assist in your Merger or Acquisition of a Business?
Before even starting the merging and/or acquiring process for such a purpose, attorneys at SG Law Group will make sure an asset purchase is the proper method for your merger and/or acquisition, in consideration of, but not limited to, future liability and tax implications.
Hire an affordable, professional Attorney to properly merge your business or acquire another business Today!