An attorney for over 25 years, Robert Heist is the president of R. Connor & Associates, P.C., based in Chicago, Illinois. Focused on commercial matters, attorney Robert Heist helps corporate clients in business-related contract matters, such as drafting share purchase agreements.
A stock purchase agreement is a definitive agreement that details the sale or purchase of shares in a company. The sellers can be the company itself or its shareholders while the purchasers can be another company or an individual. A stock purchase agreement is not an asset purchase agreement. The latter is an agreement for the purchase or sale of a company’s assets while the former is an agreement for the purchase or sale of a company’s stock.
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