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Free Announce Acquisition and Reassure Employees

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_________________, _________________ _________________

 

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_________________, _________________ _________________

 

Dear _________________

 

Recent rumors in the news media have indicated that negotiations were underway for _________________ to acquire _________________. While we have not been able to address these rumors directly in recent weeks, I can now confirm to you that, in fact, those negotiations did take place. They have resulted in an acquisition agreement between _________________ and _________________. As of _________________, _________________ will be the new owners of _________________.

 

Many of you may be wondering what impact this acquisition will have on you. Since I will no longer be in charge here at _________________ after the initial management transition period, it is not possible for me to give you any firm assurances about what will happen to the employees of _________________ over the long term.

 

However, I can tell you that the outstanding employees we have here, in addition to the historically low turnover rate, was an important valuation factor in _________________'s decision to acquire this company. Thus, I would expect them to keep as many employees as possible doing the same outstanding work they have always done.

 

It has been a privilege to know and work with each one of you here at _________________. I am confident that _________________ recognizes what terrific staff it is inheriting. I trust that you will enjoy working with them. Thank you all for your loyal service.

 

Sincerely,

 

 

 

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