[1][2] It is important to note in an APA transaction, it is not necessary for the buyer to purchase all of the assets of the company.
Provisions of an APA may include payment of purchase price, monthly installments, liens and encumbrances on the assets, condition precedent for the closing, etc.
In this case, itemization is not necessary due to transfer of company's ownership occurs as is.
A disadvantage of an asset purchase agreement is that it can often result in a greater number of change of control issues.
For example, contracts held by a target, and acquired by a purchaser, will often require the consent of the counterparty in the context of an asset deal, whereas it is less common that such consent will be needed in connection with an equity sale or merger agreement.