Penny Purchaser is considering the purchase of a business owned and operated by MoneyMaker, Inc. MoneyMaker, Inc. is a corporation wholly owned by Sam Seller and while the business has been very successful, it is operated in an old fashioned manner with many old and ineffective business concepts and approaches. Purchaser is very interested in purchasing the business because she believes that she can, with modern and innovative business concepts, significantly enhance the profitability and the value of the business.MoneyMaker, Inc. is presently engaged in the manufacture of consumer products and sells those products to large retail customers. MoneyMaker, Inc. has as tangible assets, real estate where its manufacturing facility and warehouse distribution facilities are located, machinery, equipment, raw materials and finished goods inventories. It also has valuable contracts with raw material suppliers and with certain key customers. MoneyMaker, Inc. currently has 80 employees, 20 in management and sales, and 60 of whom work in production. A significant number of the employees, both in management and also in production, are in excess of 60 years of age and there are several who are marginal performers who Purchaser would just as soon not have as a part of his business operation.Joe and Purchaser have agreed that Purchaser will purchase the business for $20,000,000, all to be paid in cash at closing.

What are the different ways in which this sale and purchase may be structured and what are the advantages and disadvantages to Purchaser and MoneyMaker of each?