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Anatomy of a Stock Purchase Agreement

Erik A. Lopez

Most private M&A transactions are structured as acquisitions of stock , rather than mergers or asset purchases. The principal agreement governing such a transaction is typically a Stock Purchase Agreement (SPA), sometimes styled a Securities Purchase Agreement or simply a Purchase Agreement.

Finance 52
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Anatomy of an Asset Purchase Agreement

Erik A. Lopez

Like the classic game Operation, ® asset purchase transactions require parties to take great care in extracting just what they want. Among other things, they require a well-crafted Asset Purchase Agreement (APA). Today, I’ll turn my focus to Asset Purchase Agreements. I discussed SPAs in a prior post.