The attorneys at David A. Sears are experienced with the laws involving acquisitions, sales and the mergers of businesses. We are able to help reduce your financial risks and expedite the process of acquiring existing businesses, building a new business, mergers, or the sale of a current business. Our team will focus on the solution that specifically meets your needs and provide you with personalized one on one service throughout the process.
With an acquisition, one business is responsible for the purchase of another company's assets or stock. In a merger situation, two companies are combined to form a new single business. The new combined company then issues new shares of stock in exchange for the shares of stock for the merged company.
In most cases the company purchasing the new assets is not liable for the debts of the company it is acquiring. There are some exceptions: