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I've been involved with the The CIM in some shape or form since 1995.it serves a specific purpose for retail financial planners (also known A Confidential Information Memorandum (CIM) is a document used in mergers and acquisitions to convey important information about a business that's for sale.
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Sell Side advisors often forget that a CIM (Confidential Information Memorandum) should be structured in a certain way.