Merger Integration Consulting Services Merger Integration Consulting Services Merger Integration. Thank you for your hard work and past loyalty. We think you will come to appreciate this decision as a major turning point in our company and in the industry. Mr. Mark Thomas. Bozell, Inc., has charted a new course through the murky economic waters of the industry downturn. Your merger announcement letter should solidify your company’s mission, explain anticipated changes and provide the customer with a point person to help navigate new policies and procedures if questions or concerns arise. Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News on everything pertaining to technology Here is the full text of the letter … As stated above, most mergers and acquisitions fail. During a merger, employees can experience a range of emotions. If you’ve been noticing an uptick in merger and acquisition activity among midsize employers you are not alone – and it’s raising some interesting questions, as pointed out in a recent article in Employee Benefit News (“What Employers Should Know About Benefits After Mergers and Acquisitions”).. For example, a client might call and say, “We intend to buy ABC Company on September 1. It is important to spend time reviewing all of these considerations before announcing because of the importance of your transaction being successful in the long term. Note that formal thank you letters or appreciation letter to employees don't necessarily have to come from HR departments! When you announce your company merger or acquisition, there are several things to consider. Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. Saying thank you to employees by sending them a formal thank you letter is a nice way of showing that you appreciate their hard work and effort and that you are happy to have them on your team. Certification Workshop. We have every confidence you will finally agree this decision was the only sensible one in light of today’s economy. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. All of us have an exciting future around the corner. JOHNSON CITY, Tenn. - … The only visible change evident immediately will be…. Acquisition Announcement Letter. Employees in one plant received the preview and those in another received limited information. Writing and sending an honest formal thank you letter is an important step in We will implement these plans with the utmost concern for our own employees’ well-being. by Preston Ayres. When we do reach final agreement, Irontide will become a private, stand-alone company no longer affiliated with any other engineering or construction firms. To all staff: RE: Acquisition of __ (Name of Company)__. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. And that is just one issue to worry about! We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. Make certain your cover letter includes these three things. 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 … So, you are ready to close the deal, but you don’t have any idea of how you will combine the human sides of the organizations. It's still fine to move forward, right? Constellation Energy Group Inc. CEO Mayo A. Shattuck III sent the following letter to employees Thursday on the proposed merger between the … As news of the Delta Air Lines Inc.'s $17.7 billion merger with Northwest Airlines broke, Delta executives sent the following memo to Delta employees:. ‹ › PDF Word. The many rumors you have heard do have some basis in fact–we are pleased to announce that…. The Chairman, KLN Inc, XYZ Street, ABC Town, State. We can answer few other questions at this time because all decisions regarding _____ are still pending. ); Begin typing your letter and insert data fields as needed. Make sure that you provide all the information they need, and give them the details about when they should start using the new logistical information. From: Mr. Peterson. But oftentimes, leaders focus on items like: Financial projections; Org charts; Contracts; The majority of mergers and acquisitions fail because leaders ignore the emotional needs of their employees. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. By Bill Snow . Updated logistical information, such as a new website, location, or logo. In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. If you explain the reason for the transaction, your employees will be more supportive of it. All Rights Reserved. Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. From: Mr. Peterson. This new direction offers an even more promising horizon. I’m sure the question in most minds is that of layoffs. As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. In a merger and acquisition, one company is likely to have a stronger foothold in the market than the other, giving rise to a power struggle. Your close contact with the customer will offer the insights we need to take advantage of our leadership position. Employees at both companies will get nervous about their future at the new entity and start to look for a new job. These formal thank you letters or appreciation letter to employees can also come from other colleagues. Example 2: Announcing mergers letters. January 19, 2012. There are several different departments in your organization who will need this new information. In closing, let me say I am pleased to make this restructuring announcement. Certification Workshop. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. When composing an official or service letter, presentation design and layout is crucial to making an excellent first impression. A change in the ownership or management of a company may result in a significant change in the working conditions of employees. Effective October 1, we will begin to put into effect a restructuring plan that will help us eliminate duplication of efforts in our field operations while preserving the autonomy of individual regions. Here's just what else you should you take into consideration when crafting an e-mail cover letter. When you're asked to email your task application to a company, you could either replicate and paste your cover letter into the body of your email, or you can affix it as a documents, together with your return to. They should include boilerplate information related to confidentiality, contracts, and what else. Company Merger Letter To Employees For Your Needs. 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