[ABCLAW]

Depends on the capital structure of the corporation, the financing deals it has, and the nature of the business it runs.

To simplify quite a bit: You're going to need to make sure the earnings it has aren't juiced, that it owns what it says it does, that it isn't going to violate any agreements it has, and that the people running it aren't questionable.

When we zoom in, recognize that you need actual evidence to move forward - and that's way more expensive than you'd imagine at first glance.

It isn't enough to write "Jim said we own a plot of land with nice trees", either. To unpack that one element of due diligence, you'll need the deed to the land, the land registry document confirming ownership, a report from an arborist attesting to the fact that the trees are of the right quality and type, an accountant's quality of earnings determining the value of the tree-fruit, etc.