Sale Transaction

The legal process by which the ownership of a business is transferred from one party (the seller) to another party (the buyer). This transaction can involve the sale of the entire business, a portion of its assets, or its equity (shares). The business sale transaction encompasses a series of steps, including negotiations, valuations, due diligence, and the execution of legal agreements to finalize the transfer of ownership. A sale transaction can be a full business sale, a partial sale, a merger with another company, a management buyout, or a sale to the employees.