Puerto Rico Agreement for the Sale and Purchase of Assets of Subsidiary Corporation with Guarantee of Performance by Parent Corporation

• Category: Corporations - Agreements
• State: Multi-State
• Control #: US-0834BG
• Format: Word; Rich Text

Description

A corporation may purchase the assets of another business. This would not be a merger or consolidation. In an acquisition, the purchaser does not normally become liable for the obligations of the business whose assets are being purchased.