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Help Center > Selling a Business > Digital Documents > Letter of Intent (LOI) > After receiving a letter of intent (LOI) as a seller, can I keep negotiating with other buyers?
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After receiving a letter of intent (LOI) as a seller, can I keep negotiating with other buyers?

After simply receiving an LOI, the seller may continue to entertain other prospective buyers. However, after the LOI is understood and signed by both parties an agreed-upon exclusivity period will begin to allow the prospective buyer the opportunity to perform their due diligence without having to compete with other buyers.

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