Old 04-30-2010, 06:52 AM
  #7  
Sink r8
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Joined APC: Jun 2009
Posts: 5,113
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Originally Posted by Airhoss View Post
Glenn has got no reason not to do it that way he's taking his money and running. He couldn't give a flying fart as whether this thing does well in the future or not.
There isn't one CEO that involves the employees because he cares about their hapiness.

I think with us, it was a contractual problem: ours didn't allow the company to merge without making some onerous changes. I don't know the specific clauses that were holding this up, but the bottom line is that this wasn't a "feel good" issue.

I assume your contracts also have some restrictions, but I couldn't tell you whether there is a contractual difference between our situation and yours. But our involvment was more obvious, from weeks and months before the deal was sealed.

My hope is that your (hypothetical) merger raises the bar on employee involvment. Specifically, I hope this puts your contract negotations right there in the forefront, and that your merger comes with a new contract.
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