Quick Thoughts on Term Sheets and LOIs
Rob Go
DECEMBER 14, 2016
If you pull a term sheet for a weak reason, you look really bad in the industry, and you look really bad to your own partners because you have now tarnished the reputation of everyone in your firm because of your actions. M&A is much less of a multi-turn game. Second, don’t be too quick to get to the LOI.
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