Participants learned more about the legal aspects of buying and selling businesses, specifically stock and asset transactions and mergers. Michael S. Roberts of Connelly Roberts & McGivney LLC, who specializes in corporate transactions, discussed the legal process of these transactions, beginning with the letter of intent stage, continuing through the negotiation phases, the closing and post closing activities.Michael S. Roberts is a corporate transactional attorney and one of the founders of the law firm of Connelly Roberts & McGivney LLC in Chicago, Illinois. He is also a certified public accountant. Mr. Roberts has extensive experience in mergers and acquisitions, corporate and securities transactions, private equity, venture capital and other financing transactions, and international outsourcing deals. He has represented private and public companies, entrepreneurs, private equity funds, software, technology, manufacturing and retail companies in a wide variety of transactions, including mergers, acquisitions, dispositions, joint ventures, private placements of debt and equity and financings. Mr. Roberts is a frequent guest speaker on topics involving corporate transactions.