Publisher's Synopsis
The book has been written to assist those people (and their professional advisers) who are planning to buy a company in trouble, perhaps for the first time, and where the proposed target is likely to be a small or medium sized private company which is either formally insolvent or close to formal insolvency. - - It guides the potential purchaser through the various stages in the acquisition process, from the formulation of an acquisition strategy to the signing of the contract. It also helps a purchaser to evaluate the proposed acquisition thoroughly and provides forewarnings of likely problems. - - The book has three main objectives: to help the purchaser minimise the inevitable risks involved in the purchase; to guide the purchaser towards a full understanding of the business of the target company and of the reasons which led to its difficulties; and finally, to provide enough guidance to enable the purchaser to offer a fair price.
