Life Sciences New Design

BEST PRACTICES

PLAN FOR CLEAN EMPLOYEE TRANSITIONS POST-ACQUISITION

Avoid making last-minute promises or undocumented agreements during the M&A process. All employment commitments should be formalized in writing and disclosed.

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Identify key team members whose retention will be critical post- acquisition and prepare transition or retention plans for them.

Buyers want to retain key talent without inheriting problems.

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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