In a forward purchase transaction, a buyer and seller enter into a purchase and sale agreement at a set or calculated price for an asset that is either in. In an asset purchase, the purchaser only acquires the assets and liabilities it identifies and agrees to acquire and assume from the seller.This article discusses two approaches: terminating the plan, or maintaining it after the transaction. A somewhat basic level high level presentation on the nuts and bolts of asset purchase sale transactions. A short form agreement for the purchase and sale of all or substantially all the assets of a private US corporation, drafted in favor of the buyer.