Merger / Acquisition Announcement / Press Release

Target

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Description:

A press release regarding a successful acquisition or a merger from the perspective of the Target. It gives a brief background of the target, the potential synergy and future development of the new business entity. It also informs the audience of the new business address and personnel change.

We are pleased to announce the the [MERGER/ ACQUISITION] of [COMPANY; ?> [by / with] [ACQUIRER], effective [date]. [The new company will be called [NAME CHANGE IF ANY].]

We are immensely proud of this marriage of two [DESCRIBE INDUSTRY – key players in the industry]. [ACQUIRER] was founded in [year] and has been [DESCRIBE BUSINESS OF ACQUIRER – a successful company in the industry. It has over [number] products in the industry and is a big player in [country].]

Document Type:

Declaration / announcement / notice / press release

Category:

Business > Corporate > Corporate Communications / Public Relations / Announcement

 
Keywords:

acquisition

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merger

,  

future development

,  

address change

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personnel change

,  

announcement

,  

press release

,  

acquirer

,  

target

,  
Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.