Series 79: Initial Bidding Procedures Letter

Taken from our FINRA Investment Banking Exam

Definition of the term Initial Bidding Procedures Letter...

a document provided to prospective M&A buyers who have signed the CA and viewed the CIM. It describes in detail what information the buyer should include in a first-round bid, and also gives the deadline for submitting a first-round bid.

Since you're reading about Series 79: Initial Bidding Procedures Letter, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 79
Please Enable Javascript
to view this content!