How to avoid closing issues after the LOI

As we move towards the close on the sale of a Refrigerated Motor Carrier it comes to mind the various issues that can occur during the contract / due diligence period and how to avoid them in the future: a. Negotiate your LOI closely and with detail, as much detail as can reasonably be put into the document. This closes the gap between LOI terms and contract / due diligence. b. If at all possible get a schedule in place for the due diligence period. Keeping everyone on track and targeting a hard date. c. Extended closes rarely close. A

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