Series 79: 11.2.12.1. The Teaser

11.2.12.1. The Teaser

Like the teaser for a private placement that we discussed in Chapter 10, the teaser introducing the target to prospective buyers is a short document, only one or two pages long. As its name suggests, the teaser is intended to provide just enough information to pique buyer interest without revealing any confidential information. In many cases, the teaser will even conceal the name of the target. This typically occurs when the seller