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Discussion Starter · #1 ·
Not sure if this is the right place to post this. If not would one of our mods kindly relocate it for me?<br><br>
Anyways ...<br><br>
In the next week or so I will begin negotiations for the merger of my business with a larger competitor who is also a former employer of mine.<br><br>
If this goes right I will become the MD of, and a major shareholder in, a business about 8 times larger than mine is at this moment in time.<br><br>
Wish me luck guys'n'gals, please?
 

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Ankle Biter
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This seems to be a fine place for this topic, and I wish you luck!!! Will the negotiations be intense?
 

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I hope things go well. Good luck.
 

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Discussion Starter · #5 ·
Thanks guys <img alt="" class="inlineimg" src="/images/smilies/smiley.gif" style="border:0px solid;" title=":)"><br><br>
Yes the negotiations will be intense and the industry I am in is food and drink vending btw.<br><br>
I feel a bit of an ass for starting this now ..<br><br>
Seems a bit rude to have asked for wishes of luck whilst I can't give any details at all as, during the negotiations, absolute confidentiality must be observed.
 

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Impeach the gangster
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I lost a quarter in a vending machine. Do you think you could mail it to me?
 

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Discussion Starter · #7 ·
<div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>Capstan</strong> <a href="/forum/post/3021017"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a><br><br>
I lost a quarter in a vending machine. Do you think you could mail it to me?</div>
</div>
<br>
Mail me the vending machine and I will see if I can get your quarter out?
 

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Impeach the gangster
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You business magnates are all the same!<img alt="" class="inlineimg" src="/images/smilies/mad.gif" style="border:0px solid;" title=":mad:"><br><br>
Well, good luck anyway.
 

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Discussion Starter · #10 ·
Thanks Capstan <img alt="" class="inlineimg" src="/images/smilies/smiley.gif" style="border:0px solid;" title=":)"><br><br>
Thanks too Mia.<br><br>
The exact shareholding will be one of the more 'intense' aspects of the negotiation.<br><br>
All I know for sure is that the minimum criteria is that the other business owners wife and I will need sufficient combined shares not to be outvoted should all the other shareholders ever 'team up' against us.
 

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Good luck then! 50% would really be the minimum though between you guys to ensure that you're never outvoted, seems like a lot of shares to be able to obtain unless it's not an especially large corporation....
 

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Good luck!
 

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Discussion Starter · #15 ·
Thanks again guys'n'gals <img alt="" class="inlineimg" src="/images/smilies/smiley.gif" style="border:0px solid;" title=":)"><br><br>
Hit a possible snag now. Any input from the business brains here appreciated ..<br><br>
The other company is owned by a holding company. The holding company has a mortgage on the premises that the merged business would operate from.<br><br>
I suspect that a non-negotiable position from their PoV would be this; The merged company would be contractualy obliged to remain in those premises with the holding company setting the level of rent etc.<br><br>
This would prevent downsizing the merged business from downscaling its main overhead to ensure profitability. It also allows the holding company (HC) to syphon off any profit by way of rent and other services that the HC is contractualy the sole provider of.<br><br>
Has anyone got any experience of how to deal with things like this?
 

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Discussion Starter · #16 ·
Just an update for anyone interested .. anyone? No? Just a personal memo to self then ...<br><br>
'Crunch' meeting scheduled for Monday.<br><br>
Likelihood of deal being struck about 90%.
 

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Good LucK<img alt="" class="inlineimg" src="/images/smilies/smiley.gif" style="border:0px solid;" title=":)"><br><br>
Peace<img alt="" class="inlineimg" src="/images/smilies/smiley.gif" style="border:0px solid;" title=":)">
 
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