Announcing Mergers, Acquisitions, or Restructuring
Guidelines and Alternate Phrases
Announce the merger, acquisition, or restructuring up front.
The many rumors you have heard do have some basis in fact—we are pleased to announce that....
We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. Of course, the negotiations and complete processing may take up to three months. In the interim period, we anticipate operating as we do currently; no changes in management have been discussed or approved.
Today Universal and Harrington Uptown have reached an agreement to merge and restructure their organizations so both can devote time, resources, and expertise to what they know best in the _____ industry.
This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. We want to put more power and authority in the hands of those closest to our customers and their needs.
Bozell, Inc., has charted a new course through the murky economic waters of the industry downturn. 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.
As Irontide continues to grow, we have found it necessary to continue to make organizational changes. These changes are beneficial for all our employees because we have opened new opportunities for advancement.
Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position.
I’m sure the question in most minds is that of layoffs. Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. In fact, our plans as they now stand call for immediate growth and the resultant creation of approximately 400 new jobs in the community.
Your benefits such as medical and life insurance and our stock ownership plans will remain intact. We anticipate no changes in coverage or costs as a result of this agreement.
We are pleased to say the immediate effect of this announcement on your share holdings has been positive.
Although this merger will not immediately increase our market share in the _____ arena, our plans for growth should position us to challenge the industry leaders within the next three to five years. We are pleased to say we now have a goal, and we have a plan.
Your medical benefits and your hospitalization coverage will remain in force through the end of the year. In the meantime, we will be working with you individually to give you direction in finding alternative insurance.
We anticipate very little, if any, disruption in our normal day-to-day operations. You will report to the division directors, who will report to the same regional directors. The only visible change evident immediately will be….
This acquisition will, of course, dictate significant restructuring of our marketing division. I’ve outlined below the major reporting changes….
Please rest assured your jobs will in no way be affected.
Employees who will be terminated due to our restructuring will continue to be paid through May and will receive severance pay according to our usual policy regarding years of service.
Our Human Resources office will provide out-placement assistance, including résumé preparation, interview techniques, and aptitude testing.
Promise to provide other details as soon as they become available.
Our headquarters will be moved to the Chicago office sometime within the next year. We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. However, as soon as we complete our studies and make these decisions, we will keep you informed.
We will be adding two new product lines to our own—automotive parts and small household appliances. Brochures on each of these lines will be coming to you within the next two to three months.
Let readers know where they can direct other questions about changes.
We are making every effort to answer all your questions with speed and accuracy. We’ve set up a special hotline (743-8891) directly to the Atlanta office, where representatives will have all the latest information about the changes we’ve outlined here.
If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors.
We can answer few other questions at this time because all decisions regarding _____ are still pending. Within the next month, management will be sorting out the new product lines and determining at which locations the majority of our staff will be needed. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. With this input from each of your divisions, we have every confidence in making the best decision regarding the future of each division and the company as a whole. Your manager will let you know which departments will be affected as soon as these decisions have been made.
We will continue to update you with details of this decision as soon as we ourselves learn of further plans.
Be optimistic in tone.
Rumor has it most of our employees are quite eager to complete the final transactions that will make us the largest retailer in the state.
Keep up the good work. There’s a bright future ahead.
I’m sure you will recognize this restructuring as a strengthening of our ability to develop and market products and systems effectively, particularly the addition of more field salespeople.
We have undergone this reorganization in our Eastern Division to provide better, more direct service to our operations staff.
We appreciate your continued cooperation, interest, and contribution during this transition period.
Thank you for your patience in this transition period.
We have every confidence you will finally agree this decision was the only sensible one in light of today’s economy.
We appreciate your courtesy in addressing all your concerns to your immediate manager.
We look forward to a promising future.
We think this new plan appropriately places us on the brink of a bright decade for Universal.
Thank you for your hard work and past loyalty. This new direction offers an even more promising horizon.
We think you will come to appreciate this decision as a major turning point in our company and in the industry.
We look forward to increased profitability for all concerned.
We’re glad you’re on board for this promising new future.