M&A & Merger Models
Distinguish an Indication of Interest (IOI), a Letter of Intent (LOI), and a definitive agreement.
Model answer
An IOI is a preliminary, NON-binding letter submitted in the first round after a buyer reviews the CIM; it usually gives a valuation range (not a single price), key assumptions, financing sources,…
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What makes an acquisition accretive or dilutive to EPS?
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