Don’t be confused or intimidated by any terms or abbreviations in the M&A world. You’ll find answers here.
A contractual stipulation in which a party has the right to match an offer from a third party.
Right of first offer.
A right of first refusal can seriously hamper an owner’s ability to sell their business. Few buyers will be interested in making an offer on a business if a third party holds a right of first refusal.
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