The sale of stock,rather than assets,is generally preferable to the target firm shareholders to avoid double taxation,if the target firm is structured as a limited liability company.

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Limited liability companies (LLCs) are typically pass-through entities for tax purposes, meaning they do not face double taxation like corporations. Therefore, the sale of stock versus assets does not have the same tax implications as it would for a corporation.

The Sale of Stock,rather Than Assets,is Generally Preferable to the Target