Does anyone have experience with obtaining customer approvals for a change in ownership prior to a sale? Almost all POs for a company we are evaluating acquiring require customer approval despite a PO only business v. LTAs. Trying to evaluate if we only need to get approvals from active POs or a select number from X period such as all POs going back 3 years. Trying to minimize this burden as much as possible.

Also, anyone know what specific language goes into the letter to the customer? Is it more of a notice rather than a request for their approval (which could take forever)?