July 2021
Beginner
288 pages
5h 12m
English
Content preview from Selling Your Startup
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
18Legal Considerations
What legal considerations should you be alert to when selling your company?
There are many legal considerations when negotiating an exit. You need to be aware of the potential risks and hurdles on your side, as well as what the perceived liabilities are for the buyer—plus, how to mitigate these risks and the adjustments a seasoned buyer and banker will demand in exchange.
Following are some of the most common legal questions and concerns when it comes to M&A.
Regulations and Regulators
Be keenly alert to any regulatory issues that could kill the deal. The issues may be big and obvious monopoly and antitrust issues or they could be industry-specific licensing issues. Real estate, insurance, health care, and communications companies can be particularly subject to governance. Be sure that ownership changes, especially across state borders, won't trigger legal issues that can cause the deal to blow up at the last moment.
Due Diligence and Assumed Liability
Generally, the acquiring company is going to be assuming the legal risks and liabilities of the target company when they close on the deal.
This, among the other factors in this list, is the reason due diligence can be so cumbersome, time-consuming, and painful. Acquirers want to have clarity on what exposure they may have, how much that may cost, and the liabilities they may encounter in the future.
This can specifically include any noncompliance issues or pending litigation. This may even take into ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.