Good Morning! We are a LLC and there is another LLC that is a neighbor. We are both service based companies doing very similar services with clients that pay for the service. We are looking at buying out his eguipment and then moving the clients over under us after the "buyout". His clients do have a contract with his company if that makes a difference. My question is what legal "vehicle" do I do this with? Do I use an Assett Purchase agreement? I would prefer not to totally buy his company out- as in a buyout - in case there are any legal issues from their past. Or do I go through with a buyout or merger with legal precautions? Pros and cons of each? Any help would be Great. Thanks!