For example, you must solicit and obtain all necessary government approvals before any government assets – including assets that require security clearances – are transferred. Failing to do so could not only lead to the invalidation of the contract (and an inability to secure future contracts) but also result in liability exposure. Depending on the circumstances, the merged business could face civil and even criminal penalties.

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With so many regulations and considerations, it can be easy to become overwhelmed and unsure of how to proceed. Fortunately, our team at The Veterans Advocacy Law Group is here to help Veteran-owned businesses manage each stage of these transactions and avoid common mistakes. No matter your industry, the size of either company, or the complicating factors involved in the potential deal, we will provide the knowledgeable guidance you need to safely facilitate your merger or acquisition.