thewoodedglen.com

Mergers & Acquisitions

So today, the big-wigs at work sprang a big surprise on everyone.  Everything that we’ve heard is that the company I work for has been doing well.  However, today there was a meeting with the 2 people that founded the company and the current CEO.  They’re doing a merger with 2 other companies, our sister company and one based out of Cincinnati.  A venture capital type firm is going to be the majority owner in the new company, and the CEO of the company based in OH is going to be the CEO of the new company.

No one knows what’s going to happen and there are a ton of rumors going on that they’re going to close the plants here in OK. 

I’m afraid that the owners didn’t help at all because they gave some information during the meeting that was contradicted when they sent out a FAQ later in the afternoon.

It should be an interesting few months for sure.

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