Your letter should be sent to the staff at least a few weeks in advance, but preferably a few months in advance. The acquisition raises some questions about what that may mean for employees of the Pittsburgh-based Heinz company. As a result, your message must be reassuring. Voluntary turnover is common when individuals feel their future-fit in an organization uncertain. Fearful employees might try to undermine the deal by giving the buyer a negative impression. What and When to Tell Employees about a Merger or Acquisition; ... revealing a sale or impending sale to employees is a delicate, critical matter. In the interest of security, employees may focus on their own work with little regard for others. Announcement of Acquisition [DATE, ex. A sale announcement will be unsettling to some employees and traumatic to others. The buyer was a public company and feared premature disclosure. Acquisition Announcement Letter Sample. Good employees might get nervous and leave, reducing the acquisition value. HNA Group is a multinational conglomerate with in excess of $90 billion in assets encompassing aviation, airport management, financial services, … Date. The acquiring company should be willing to hear employees of the target company from the outset because it is a highly stressful time for them. Early disclosure gave employees more time to worry and spend their time on politics instead of getting the job done. Dear Mrs. Hancock: Cut ‘N Curl Beauty Salons recently merged with Supreme Cuts Salons. However, this is especially true than during an acquisition. The time to address employee questions is before the acquisition. Wednesday, June 11, 1998] [NAME, COMPANY AND ADDRESS, ex. John Smith XYZ Inc. 1234 First Street Suite 567 Anycity, Anystate 85245] Dear Valued Customer: We are pleased to announce that we have recently acquired [DESCRIBE BUSINESS ACQUIRED, ex. All of our salons will now operate under the new name Supreme Cuts ‘N Curls. PRITCHETT Merger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. Our greatest Employees: You have probably heard the cliché that employees are your best assets. A merger or acquisition can signal a need to refresh your resume. Attached is the press release from today’s announcement along with FAQs to provide you with additional information. We recently got the chance to sit down with CEO of CPU Core, one of the leading hardware distributors in the PC industry. This will give employees enough time to absorb this stressful news and decide what to do without potentially losing their job right away. Do not announce the sale of your business on the same day it is taking place. If you tell the employee that the company is not for sale and then the company makes a sale announcement two months later, that employee will feel betrayed and her trust will be broken. Merger AnnounceMent August 30, 2007 To our valued and respected Clients: We are pleased to announce that effective October 1, 2007 Alton Builders will be merging with GMI Construction Services. Example 4: Sample Letter for Acquisition & Merger. They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on MergerIntegration.com. Company Name or Letterhead Address City, State Zip. Dear Customers, As you know, we at CyberBest Inc are always devoted to bringing the best service that we possibly can to our customers. This is a very exciting event for both companies, for our employees and our clients. the business assets of ABC Corp.] based in [LOCATION OF BUSINESS ACQUIRED, […]Continue … Addressee Address City, State Zip. 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