This course introduces the Stock Purchase Agreement (SPA). A stock purchase agreement is the primary transaction document for a stock acquisition. In most control private equity transactions this is the document that will require the most negotiation.
This lesson explores purchase price in the context of buying a company. The video describes the calculation required to go from enterprise value in a letter of intent to purchase price in a stock purchase agreement.
The lesson explores the language surrounding the working capital adjustment, and the impact it has on purchase price in the a stock purchase agreement.
The lesson explores the representations and warranties of the seller in a control private equity transaction.
This lesson explores the representations and warranties of the buyer in a control private equity transaction.
This lesson inroduces covenants in a stock purchase agreement.
This lesson explains how indemnification works in a purchase agreement for a private equity transaction.