Series 79: Asset Purchase

Asset Purchase

In an asset purchase, the buyer acquires some or all of the target company’s assets in exchange for cash, notes, or shares of the acquirer’s stock. The buyer may or may not assume some or all of the target’s liabilities. The latter feature generally makes asset purchases less attractive to the seller, who may be left with liabilities but no assets (or only undesirable assets), than to the buyer, who would like to pick and choose whi