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A formal agreement on the principal components of the sale is normally required for both parties in a buying or selling transaction. This is referred to as a binding offer or letter of intent in m&a deals. This offer formally guarantees that your counterpart's intention is the same as yours. Binding offer or letter of intent - ONEtoONE Corporate Finance onetoonecf.com https://.onetoonecf.com › binding-offer-or-letter-of... onetoonecf.com https://.onetoonecf.com › binding-offer-or-letter-of...
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