There are several benefits to using a stock purchase agreement to gain control of a company. Most notably, a stock purchase agreement keeps intact the legal entity of the business that is being bought. This means that major elements of the business are preserved. Such elements include supply agreements, partnerships, assets and contracts. Another method of acquisition is the use of an asset purchase agreement. Under this contract, the acquiring company buys only the assets of the other company.
Our attorneys will be able to advise you on which type of agreement is most beneficial in your case. Liability, tax implications, and logistics are all factors that will weigh on this decision.