However, the explosion of online auctions and wealth
of due diligence information on the web has now given us the ability to invest in just about any state that sells tax liens.
As part of the deal struck with Marriott, Starwood has a waiver which enables the board of Directors to entertain other offers and to
provide due diligence information to other parties should they show an interest in bidding for the hotel chain.
«The M&A market has fewer buyers and one seller, and the dissemination of critical,
non-public due diligence information is limited to participants who sign confidentiality agreements,» he wrote.
As a relatively small owner - managed company, the level of formal financial information was less that one might normally expect in a due diligence
Instead, it should identify the RFP, its various amendments, the RFP response, any related contracts such as non-disclosure agreements or (in the case of the service provider) teaming agreements, meeting minutes, cost models and
due diligence information as well as stating where copies of the information can be found.
The trader needs to first open an account with an online trading platform (e.g. Kraken, Bitfinex), provide
some due diligence information (details, address verification), and transfer money to a trading account.
From state to finish, their team was well organized, coordinating all of the property tours, assembling
the due diligence information and providing significant market exposure which resulted in a sale.