M&A Foundations · glossary
The structured channel through which bidders ask written questions about the data room and the seller answers — numbered, logged and managed through the data room platform. The answers are often swept into disclosure at signing, so they are drafted with care. Chapter 7
Explained in Chapter 7, Due Diligence, of M&A Foundations.
Q&A. Documents raise questions, and the questions go through a formal Q&A process on the data room platform: one consolidated, numbered list of written questions from the buyer’s side, answered in writing by the seller’s side. The discipline is strict — one list, no side-channels — and for good reasons. A written log is an audit trail: everyone sees the same answers, the answers can be checked against the warranties later, and (in an auction) the seller can show all bidders…Read Chapter 7, Due Diligence →
Every chapter of M&A Foundations is free to read, including the full training share purchase agreement.
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