Thinking of Buying a Company? Strategic Drafting of No-Shop Provisions in M&A Contracts for Small Business Owners
Glennon Law Firm, P.C. ·
For small business owners exploring the acquisition of another company, understanding how to effectively incorporate no-shop or exclusivity provisions into merger or acquisition contracts is essential. These provisions play a critical role in securing the integrity of the deal, particularly if litigation arises when the deal fails to close. This blog post delves into the strategic considerations for drafting such provisions, emphasizing their duration, scope, choice of law, and remedies to better prepare business owners for potential legal disputes.
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