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.



A provision in an agreement, such as a term sheet or letter of intent, in which the prospective seller agrees not to solicit offers or negotiate with other potential buyers for a specific period of time.

See Also

Go-shop, letter of intent.


Nearly all buyers of companies in the middle market require exclusivity.

Related Resources

M&A Basics | The Term Sheet

M&A Basics | The Letter of Intent