An document detailing the intention to enter a transaction including the terms of the deal. However, similar to a term sheet it is not the formal agreement, but rather an agreement to agree. It is often used in the context of a merger.
An document detailing the intention to enter a transaction including the terms of the deal. However, similar to a term sheet it is not the formal agreement, but rather an agreement to agree. It is often used in the context of a merger.