During the due diligence process of a merger, the acquiring company must consider employees' reactions when deciding to what extent and how to continue the seller's benefit programs, because integrating employees is an important consideration during a merger. This deal brings together the world’s leading professional cloud with the world’s leading professional network. But if your message is intended for all employees in general, you can address your letter as "To all employees". 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. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. In case any of you are wondering, I’m not going anywhere. When creating an official or company letter, presentation style as well as style is vital making a great very first impression. The timing of such an internal announcement often depends on your situation and whether you’re doing the buying or the selling. Convey your … Business Letter. That goes without claiming.". Not everyone needs to learn the news at the same time. As you know, the merger of our parent company with Doe Enterprises is having a ripple effect on other smaller subsidiaries. Addressee Address City, State Zip. They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on MergerIntegration.com. Addressee Address City, State Zip. John Cryan, Deutsche Bank CEO, ... Do not allow yourself to become distracted by speculation about alleged mergers or sales plans. Sub: Business proposal for a merger. Discuss in the letter whether or not these two documents are going to be required before the transaction can take place. Lots of jobs ask you to submit a cover letter along with your other application materials, yet also if a cover letter is optional, you … Company Name or Letterhead Address City, State Zip. Write your letter as the body of the e-mail and also include a salutation (make use of the receiver's actual name if you know it) and a standard closing. The letter should come from the new top manager of the merged organization or be written as a jointly-issued communication from the CEOs of the merging companies. If you will be laying off employees, have each termination planned in advance, including having your information technology department ready to terminate passwords and security personnel on site to handle any disruptions. Dear Mr. Peterson, This letter is to confirm the mutual intent of a merger between the Dye and Patkins Loan Company and Vincent Industries. Mergers are tricky business. People care about where they work. Loose lips sink ships. Treat the confidentiality clause in the confidentiality agreement very seriously. To all staff: RE: Acquisition of __ (Name of Company)__. If you are a business owner and you are planning to sell your company, then you need to inform staff, i.e., your managers and employees about the intended sale. What and When to Tell Employees about a Merger or Acquisition. Thus, I would expect them to keep as many employees as possible doing the same outstanding work they have done so far. )__. These layouts provide superb instances of ways to structure such a letter, and also consist of example content to work as a … How Mergers and Acquisitions Impact Employees . 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. Exactly what you write in the subject line can determine whether your letter gets read, according to Lydia Ramsey, business decorum specialist as well as author of Good manners That Sell. In the case of any major company change or upheaval, it’s an engagement gap that can’t be avoided, and is much more pronounced when employees are directly affected by the fallout. Celebrate your … Think about it: How much harm can come from your competitors finding out that your company is so successful that you’re exploring making acquisitions? To each one of you, I wish to send my personal thanks and appreciation for the hard work you have put into this company over the years. Our brand, strategy, purpose and values remain unchanged. Merger Offer Letter - DMC Stratex Networks Inc. and Western Multiplex Corp. ... would remain constant and will result in Western Multiplex s stockholders owning approximately 28% of the combined company. When you're asked to email your job application to a firm, you could either replicate and paste your cover letter right into the body of your email, or you can attach it as a data, in addition to your resume. Put in the time to learn the business standards for submitting resumes, and follow them. You could also write a termination letter to fire an employee for his/her poor performance. Empathy for employee needs breeds the help you need to manage change. Some people - including me - don't believe in mergers: whenever two companies combine, one is always taking the other one over, in effect. Example 3: Company merger letter. Leave empty lines between paragraphs, and utilize proper signature and closing lines. Plus, scroll down to see an example cover letter you could use to craft your own. Sub: Business proposal for a merger. The text below was included as an exhibit to an SEC Form 8-K filed by Farmer Bros. on the morning of May 1, 2007, in which it was reported that "[o]n April 30, 2007, the Company held employee meetings and issued a letter describing the acquisition of Coffee Bean Intl, Inc.". Communicating large changes effectively, such as a merger or an acquisition, is important to maintain good relationships with your clients. Thoroughly spell-check and also proofread your email letter. Case in point, Aon Hewitt found that the top drivers of engagement within an organization shift considerably during mergers and acquisitions, reflecting the changing priorities of employees: Generally, the CFO needs to know, and depending on the size of the firm, she may need to let certain key employees in on the secret. For this reason, Sellers should tell employees about a potential sale on a strictly need-to-know basis. US Airways and American Airlines made their merger official this morning, publicly confirming that the airlines plan to combine. As I’ve said in meetings before, this kind of thing doesn’t just happen. We look for specifics in e-mail cover letters, which means skills as well as capacities," she adds. Dear Mr. Peterson, This letter is to confirm the mutual intent of a merger between the Dye and Patkins Loan Company and Vincent Industries. All letters to employees must be addressed with the proper names of the recipients. The answer to all of those questions with LinkedIn is squarely yes. Example letters to announce an office or store closing to employees. First of all, I'd like to thank you for your cooperation and hard work. If an employee asks you about a rumor that the company is for sale, neither confirm nor deny the rumor, but never lie. 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. Your Letter to Employees. For example, key executives and managers need to know before lower-level employees. An acquisition is when one company buys or takes over another and a merger is when two companies agree to combine.. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. Acknowledge employees’ feelings as some may feel a genuine sense of loss. Dear Current Subscriber: The Daily Stratford and Stratford Press have merged to form The Daily Stratford Press. Company Merger Letter To Employees For Your Needs. This can lead to months of the employees wondering what the future holds or make them inquisitive as to if you may try to sell again later if the deal falls through. In a recent merger, the communications team and the integration-management office (IMO) reviewed a checklist of all possible merger milestones and quickly identified the most relevant ones. Send it to a friend initially and also ask him to examine it for web content and design. I love what I do, working with all of you, shipping incredible … The filing also included a copy of the company's press release which had been distributed the previous day: During a transition there are always more questions than answers, and I appreciate your ability to stay focused and productive in spite of … Companies combine to cut costs, get access to really good people or products, or to reduce competition by 'eating' a competitor (this can be illegal). Following the merger announcement this morning, the US Airways CEO Doug Parker sent out a letter to his employees outlining the merger with American, and we’ve pasted it in full below: State the purpose of the letter. 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