Replies to post #115565 on PAO Group Inc (PAOG)

[Hongcouver]

Sure they do....it's common business practice. A few quick samples:

Bain-Apple group sign letter of intent to buy Toshiba ... - MarketWatch
https://www.marketwatch.com

GE Signs Letter of Intent with Perusahaan Listrik Negara To Pilot ...
https://www.genewsroom.com

Volkswagen Truck & Bus and Russian GAZ Group sign letter of intent ...
https://www.volkswagen-media-services.com

IBM News room - Intentia and IBM Sign Letter of Intent to ...
https://www-03.ibm.com/press/us/en/pressrelease/1883.wss