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: Mergers tend to have a negative impact on how employees view their employers. With this merger, we will deliver near-term, compelling value to stockholders while also gaining the opportunity to accelerate the execution of our long-term strategy to deliver best-in-class solutions to our partners across the global IT ecosystem. Make the merger announcement on new company letterhead or on stationary or an email template that contains both existing company logos. They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on MergerIntegration.com. 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. Merger announcements make employees cringe because layoffs usually follow company mergers. Loose lips sink ships. Conserve emoticons, acronyms, as well as wild colors as well as typefaces for your nonprofessional e-mails. Celebrate your accomplishments and history. We are in pursuit of a common mission centered on empowering people and organizations. Example letters to announce an office or store closing to employees. Although mergers and acquisitions are typically used as an umbrella term to represent two companies … For Buyers, letting employees know that the company is seeking acquisitions has little downside. The following gives you some insight into this important topic. We look for specifics in e-mail cover letters, which means skills as well as capacities," she adds. Sub: Business proposal for a merger. 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: 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. I'd also like to thank everyone for their patience. When deciding whether to send a physical letter or an email, think carefully about the situation. And does this asset align with our core business and overall sense of purpose? Over time, employees can become like family and close friends. Make certain your cover letter includes these three things. US Airways and American Airlines made their merger official this morning, publicly confirming that the airlines plan to combine. 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 … Merger announcement letters are addressed to your existing customers to encourage continued repeat business, introduce the new brand, emphasize customer benefits, state the company mission and explain any potential changes. That goes without claiming.". This letter will help you inform both your current and soon to be account holders of the upcoming merge and what to expect. Companies merge partly because they anticipate creating a stronger business by combining finances … When composing an official or service letter, presentation design and layout is crucial to making an excellent first impression. 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. Lay out the reasons for the merger or acquisition, how it will benefit the company and what the future holds for employees, including job … During a transition there are always more questions than answers, and I appreciate your ability to stay focused and productive in spite of … This sample letter is a format to announce the change in the name of the company following a merger or an acquisition. First of all, I'd like to thank you for your cooperation and hard work. Treat the confidentiality clause in the confidentiality agreement very seriously. 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: Many companies list these guidelines on their Website. The ‘fusing’ of two companies often results in the implementation of new policies, procedures and business regulations. ... that the combination of our two companies represents a uniquely attractive opportunity to your management team and employees. Constellation Energy Group Inc. CEO Mayo A. Shattuck III sent the following letter to employees Thursday on the proposed merger between the … Put in the time to learn the business standards for submitting resumes, and follow them. As soon as your cover letter is polished as well as ready to go, transform your focus to your return to. Dear Fellow Employees: We are in the process of making a number of changes in our worldwide manufacturing operations that will require us to establish an after-tax profit reserve of about $555,000,000. This mindset is also necessary if we want to see ourselves increasingly as a technology company. 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. Business Letter. Date. Date. This merger will start an exciting next chapter for all Ingram Micro stakeholders, including our vendor and customer partners and you, our associates. If time is of the essence (for example, if you have a family emergency and need to take the day off), email is likely the best choice. If employees find out that their employer is for sale, they may get twitchy and nervous. Communicating large changes effectively, such as a merger or an acquisition, is important to maintain good relationships with your clients. Our companies have worked together frequently in the past, and we are longtime personal friends. But if your message is intended for all employees in general, you can address your letter as "To all employees". Don't allow this demand derail you. 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. We hold similar values and philosophies on do- ing business: producing an excellent job for the client, an emphasis on honesty and integrity, and the importance of bringing a positive attitude to work. Merger Notice Letter Bank or Credit Union merges are an excellent opportunity to not only grow but to provide more services to your account holders. By anticipating their concerns in advance, you’ll be better prepared to address them. 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. 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