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Confirm legal and regulatory compliance: what buyers test before they will pay full price

Chapter 6 of Selling Your Canadian Business: A Step-by-Step Guide to Maximizing Value and Securing Your Legacy covers confirming legal and regulatory compliance. Material non-compliance can derail a transaction entirely, reduce the purchase price or expose an owner to liability years after closing.2 None of that is abstract risk. It is the specific set of things a buyer's lawyer checks, item by item, before recommending the deal proceed.You're listening to The Shaughnessy Group Podcast—insights on buying, selling, and growing Canadian businesses in the lower-middle market.Let's begin. This…

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