Disclosure Letter for Selling a Business
The Disclosure Letter is a commonly used document in business transactions, particularly business, asset and share sales, as well as M&A (Mergers and Acquisitions), to assist buyers with the Due Diligence Report.
This document –which takes the form of a letter from the Seller to the Buyer– provides the Buyer with general and specific information that will inform the decision about whether to proceed with the purchase of the business.
The Disclosure Letter also provides the Seller with an opportunity to update the purchaser on any document changes or previously provided information that requires updating for the business sale.
Other documents commonly used in M&A, partnerships, investment, as well as purchase of a business are:
Index of the Letter