Forbes contributors publish independent expert analyses and insights. Providing tools and resources to start, grow and manage your business. In acquisitions of privately held companies, an acquisition ...

Elon Musk and a group of investors made a surprise hostile bid for OpenAI’s operating assets earlier this week—offering $97.4 billion for the assets of the company in the latest development of the ...

On this site, the term "country" does not in all cases refer to a territorial entity that is a state as understood by international law and practice. As used here, the term also covers some ...

Forbes contributors publish independent expert analyses and insights. I’m an investment sales broker and real estate investor based in NYC. When buying property, to submit the most serious offer, it’s ...

LOIs start negotiations and clarify initial deal points but are not legally binding. Common in real estate and M&A, LOIs signal readiness to engage in due diligence. Terms in an LOI often evolve as ...

An agreement to mobilise the contractor early can be documented in a letter of intent, but beware the pitfalls In the economic climate of increasing inflation, letters of intent remain widely used.