Plan for Clean Employee Transitions Post-Acquisition Plan for Clean Employee Transitions Post-Acquisition
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BEST PRACTICES:
Avoid making last-minute promises or undocumented agreements during the M&A process. All employment commitments should be formalized in writing and disclosed.
Identify key team members whose retention will be critical post- acquisition and prepare transition or retention plans for them.
Prepare clear transition plans for all team members, as applicable.
Avoid last-minute employment or severance promises that haven’t been documented or approved.
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