State certifications vs asset sales

searcher profile

August 29, 2023

by a searcher from Columbia University - Columbia Business School in Washington, DC, USA

Hi all,

I'm working on an LOI that involves a state certification for a main facility (laboratory). Worried this means I'm stuck with a stock sale if the certification can't be assigned.

Anyone have experience successfully doing an asset sale with similar facilities?

Thanks in advance,
David

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commentor profile
Reply by an intermediary
from Wake Forest University in Winston-Salem, NC, USA
Look into a hybrid (338(h)(10) or 336(e).
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