Understand the differences between asset sales and stock sales and considerations specific to the pharmacy industry.
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Prepare and respond to a letter of intent and negotiate an exclusivity period.
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Identify and disclose potential red flags through appropriate due diligence including but not limited to financial malfeasance, contractual issues; employment issues , as well as pharmacy specific issues including licensing matters, federal and state compliance issues, malpractice and care issues, and potential audit liability.
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Understand the protections available to buyers and sellers through contingencies, conditions precedent, indemnities, disclosures; representations, warranties, non-competes, and hold backs
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