A Deal To Buy My Company Imploded A Week Before Closing. Here’s What I Did Next
A Deal To Buy My Company Imploded A Week Before Closing. Here’s What I Did Next
After four collapsed deals, I rebuilt my sale process, vetted buyers harder, and closed stronger than before.
EXPERT OPINION BY CHRISTINE SLOCUMB, ENTREPRENEUR AND ADVISOR
Illustration: Getty Images
Some owners get lucky and sell their company on the first try. I wasn’t one of them.
I signed five letters of intent (LOIs) over the course of my exit. The first four deals fell apart. The worst collapse came........
