
11-17-2004, 01:58 PM
|
| Entry Level | | Join Date: Nov 2004 Location: Seattle
Posts: 5
| |
Quote: |
Originally Posted by sarahsodapop I work for a small, family owned rental business and the family is looking to get out. They want to sell everything about the company (the current rentals, inventory, trucks, name, etc.) except for the land that the production facility sits on and the executive management.
We have been told by brokers that we need to do an Offering Memorandum to send to the corporations that will probably make an offer, but all the OMs I've seen relate to stock sales & raising capital. I've seen references to representations and warranties: are these in lieu of an official Offering Memorandum? Where could I find a template of something like this, and how do we know how much information to put in this initial packet?
Thanks for any help,
Sarah |
No OM is required to sell a company. OM's are for companies trying to riase capital by selling stock.
__________________ The Smart Startup Guide: Teaching the Startup Secrets of the Inc 500 Fastest Growing Companies Since 1996 www.antiventurecapital.com |