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Letter of Intent – Business Acquisition

Letter of Intent – Business Acquisition

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Letter of Intent – Business Acquisition

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Letter of Intent – Business Acquisition

A letter of intent is generally an agreement to agree. It outlines the terms between parties who have not formalized an agreement into a contract. Letters of intent are generally not binding and unenforceable. Such letters indicate an intention to do something at a later date. They may also be called statements of purpose.