The filing also included a copy of the company's press release which had been distributed the previous day: Dear Mr. Peterson, This letter is to confirm the mutual intent of a merger between the Dye and Patkins Loan Company and Vincent Industries. Companies merge partly because they anticipate creating a stronger business by combining finances … With this business merger, we will also join efforts to bring you the positive aspects of both newspapers. And that is just one issue to worry about! John Cryan, Deutsche Bank CEO, ... Do not allow yourself to become distracted by speculation about alleged mergers or sales plans. Conserve emoticons, acronyms, as well as wild colors as well as typefaces for your nonprofessional e-mails. Timing is Key. Likewise, revealing a sale or impending sale to employees is a delicate, critical matter. Heinz Chairman, President and CEO Bill Johnson issued a letter to employees this morning after news broke that the company agreed to be acquired by Berkshire Hathaway and 3G Capital. "Hook the reader in the initial paragraph by selling him or her your capabilities," she states. I'd also like to thank everyone for their patience. Date. Situations like Carol's are becoming more common for employees as the number of mergers and acquisitions continues to increase. If employees find out that their employer is for sale, they may get twitchy and nervous. Addressee Address City, State Zip. To all staff: RE: Acquisition of __ (Name of Company)__. Send it to a friend initially and also ask him to examine it for web content and design. Some pointers for composing a cover letter are common, whether you're e-mailing or snail mailing: Be expert, with proper spelling and also grammar, and also very crucial do use them. Do not get adorable. ... that the combination of our two companies represents a uniquely attractive opportunity to your management team and employees. This merger will start an exciting next chapter for all Ingram Micro stakeholders, including our vendor and customer partners and you, our associates. In case any of you are wondering, I’m not going anywhere. Employers who choose to complete a new Form I-9 may do so before the merger or acquisition takes place as long as the employer has offered the acquired employee a job and the employee has accepted the offer. The business letter can be e-mailed or circulated by hand among employees … What and When to Tell Employees about a Merger or…, Mergers & Acquisitions For Dummies Cheat Sheet, Mergers and Acquisitions (M&A) Online Resources, Keys to Successfully Completing an M&A Deal. Often, when companies go through a merger or acquisition, the employees feel insecure about the future of their employment. The employee must complete Section 1 no later than the first day of employment and the employer or the authorized representative must complete Section 2 within 3 business … Consist of all the info in your signature line you would certainly have on your calling card, including general delivery address, telephone number and also email address. This sample letter is a format to announce the change in the name of the company following a merger or an acquisition. Thus, I would expect them to keep as many employees as possible doing the same outstanding work they have done so far. Example 5: Example Letter of Merger & Change of Ownership. It is also important to wait on telling your employees until the business has closed because it is possible that your business may take longer than you expected to sell, or may not sell at all. As the company announced the shocking news that it's to buy Nokia's devices and services division, outgoing Microsoft CEO Steve Ballmer sent a letter to Microsoft employees … 1234, Main Street, Boston, MA 02123. (" Genuinely" or "Warm concerns" work well.) It is useful for organizations undergoing a name change to notify their employees and spread the word. This mindset is also necessary if we want to see ourselves increasingly as a technology company. Be brief and straightforward and avoid adding irrelevant details. As you know, the merger of our parent company with Doe Enterprises is having a ripple effect on other smaller subsidiaries. Employees of the merging or acquiring company, however, have an edge over those working for the acquired company as they may be rewarded with increase in remuneration and better job position. Employers should review each Form I-9 with the employee and update or reverify the employee’s information, as necessary. 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