hi all,
Second deal this week, when there is no asking price on the business, and also no detailed financials (they have a SDE calculation in the CIM, but can't rely only on that). They ask for LOIs with evaluation.
Is this common? Are they doing this for price discovery, hoping there will be a bidding war?
Thoughts?
Deals with no asking price?!
by a searcher from The University of Chicago - Booth School of Business
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