oboloo Glossary

Business Acquisition Offer Letter

oboloo Glossary

Business Acquisition Offer Letter

A business acquisition offer letter is a legally binding document that outlines the terms and conditions of an offer to buy, or acquire, a business. The offer letter typically includes information such as the final purchase price, closing date for the sale, payment schedule for the transaction, liabilities assumed by the buyer, and other material details. Most importantly, it sets out the expectations surrounding the transaction and defines the rights and obligations of both parties. With clear wording and an engaging style, a well-crafted business acquisition offer letter will ensure a smooth transition between buyers and sellers.