Why is it that you should never rush into an LOI (Letter of Intent)? The two main reasons are not spending all the time and expenses of going through due diligence on an awful deal. Here are the seven steps you need to take to create your pre-LOI checklist.Create Process Maps For The TransactionThe process maps that you make should represent the entire M&A lifecycle. The M&A life cycle consists of the following phases:StrategyValuationFinancingStructuringDue DiligenceNegotiationClosingIntegra...