Mergers & Acquisitions

Resources: Glossary

Don’t be confused or intimidated by any terms or abbreviations in the M&A world. You’ll find answers here.

Change of Possession (COP)


The actual date that possession of a business changes hands.

See Also



The actual change of possession of the shares or assets of a business does not always occur at closing. For example, the parties can close on June 1, but the change of possession can be scheduled to occur on June 15.

Related Resources

M&A Closing Process | A Complete Guide

M&A Purchase Agreement | A Complete Guide