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Often, yes. There will probably be overlap in the merger, and in most companies, you will let some people go because their jobs are already covered by other people. Also, if there are financial concerns, or the company was only purchased for one reason, then the company that made the purchase can really make any changes that they want to, within the limits of employment law.
It isn't 100% of the time, and occasionally there will be a company that will be fully absorbed by another, with all the employees. It just doesn't happen often.
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When do a company acquire other company?
which was the company that acquired by the intel company
What is the name when a company buys another company?
Typically, one would say that Company A acquired Company B. Sometimes the term takeover is used especially when Company A acquired Company B without an agreement from the directors of both companies (hostile takeover).
Is National Mt Airy Furniture Co still in business?
I believe the company was acquired by the Bassett Furniture Company.
What happens to the stock of a publicly traded company in chapter 11 if it is bought out by another company?
It can be two ways. If the other company is a publicly traded company, the shares of the acquired company would get merged with the acquiring company's shares. All shareholders of the acquired company would be issued new shares of the acquiring company at a ratio that would be defined during the acquisition. If the other company is not a publicly traded company, they may opt to retain the stocks in the market of buy them all from the investors at a predefined price that gets fixed during the acquisition.
Southern Life Insurance Company?
How do I call y'all on what number I have a policy thru yall
What is an acquiree?
An acquiree is an object or company which is to be acquired,particularly a company which is to be the target of a takeover.
What is a Layoff Referral Deadline?
Layoff referral deadline is talking about when a company has a layoff who can be rehired. You have to contact your local human resources to get information on your rehire ability.
Why do you think GM acquired the company while Ford did not?
Acquired what company?
Is alltell cell a target for acquisition?
Alltell was recently acquired by Verizon (2008). It doesn't appear to be a current target for acquisition since is was previously acquired by Verizon.
What is the origin of layoff I understand the meaning but why do we call the reduction of workers a layoff?
According to businessdictionary.com, layoff is only applied when a lack of work, money or material happens. The reduction of workers within a company often reffers to those causes. Mostly for Costs saving... Source: http://www.businessdictionary.com/definition/layoff.html
When do a company acquire other company?
which was the company that acquired by the intel company
In 2001 which company acquired Pillsbury?
General Mills acquired Pillsbury in 2001.
How can you tell if a company is going to layoff or close the doors?
Sales are down, adverting more (...cause of want of more money...) or less (...cause of less money...) compared to prior, production is down (...related to sales being down...) Answer When you notice a company is reorganizing positions, then a layoff is on the horizon. If executives are working longer hours than normal, morale is low and you hear rumblings of people looking for new jobs...get ready for a layoff.
What company makes the target commercials?
Target
In 2002 IBM acquired which company?
IBM has acquired Israeli based data storage technology company XIV for what is believed to be $350 million.
What company acquired Colonial Life Insurance Company of America?
Conseco
Do employees have the right to ask the company for the extension of notice before layoff so they have enough time to find new job?
yes
