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In This Stage of a M&A, the M&A Steering Team

question 2

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In this stage of a M&A, the M&A steering team is formed and educated on people issues.


Definitions:

Principal

In finance, this term refers to the original sum of money borrowed in a loan, or the amount of the investment itself, excluding any interest or profit.

Agent

A person or entity authorized to act on behalf of another person or entity in contractual or legal matters.

Purporting

Presenting or claiming something to be true, often without offering proof or evidence.

Express Authority

The power granted intentionally to an agent by a principal, often in written form, to perform specific acts on the principal's behalf.

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