Sign, close and fund

Purchase agreement is finalized

Draft of purchase agreement is due from Buyer

Buyer begins due diligence process

Select buyer / Buyer furnishes a letter of intent

Bid are due

OMs are sent out to prospective bidders

Non-disclosures are sent to interested parties

OM is finalized along with the list of potential bidders

Draft of Offering Memorandum (OM) is furnished to Seller