Alabama Acquisition Agreement
State:
Alabama
Control #:
AL-C-MAA-829933-01
Format:
Word;
Rich Text
Instant download
Description
This is a sample Acquisition Agreement between Banks. An acquisition contract used when one company purchases another company. An acquisition contract will include a description of the transactions, representations and warranties, conditions, covenants, termination clauses, and indemnification.
There are two types of acquisition contracts. Entity purchase agreements are used when a purchaser obtains ownership by buying a majority of the company’s stock. The acquiring company assumes control of the company, including obligations and debts of the company. With an asset purchase agreement, the purchaser buys all or some of the company’s assets. The owners still retain ownership of the corporate shell even though there is no practical business anymore.
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