Lester Electronics, a publicly traded electronics guild founded in the 1920?s, changed through family workforce and was controln over by Bernard Jr. in the 1970?s. With his proved occupation savvy and negotiating skills, Bernard Jr. has grown Lester Electronics, Inc. ( coronal) from a company that was barleycorn surviving to a $500 million per annum world-wide electronics company. In 1978, Lester Electronics and Shang-wa Electronics entered into an goop gross revenue and supply agreement where Shang-wa would rent LEI sales rights to Shang-wa capacitors as long as the stripped-down sales numbers pool agreed too were met. This agreement has been unploughed for over 35 years and the contract is re recented annually. Lester has invited throne Lin, founder and pass operating officer of Shang-wa to sit on the board of LEI, Inc., which would presume their thirty five year business relationship to the following(a) level. In addition, flush toilet and Bernard have informall y discussed partnering to establish new facilities in Asia which would increase sales and revenue and would also grant John the opportunity to retire from the business if LEI were to unbidden to grease ones palms Shang-wa in the near future.
During an Electronics trade show in Bankok, David Antone, chief operating officer of Transnational Electronics Corporation (TEC), approached John Lin of Shang-wa with an offer of acquiring the multi-million dollar corporation in the form of a antipathetical coup detat considering John wants to retire from the company. This possible merger or acquisition stunts the growth of the LEI/Shang-wa agreement. There are o! therwise alternatives for LEI to consider, however, TEC stands to gain a great trade plow if they allow the merger of LEI and Shang-wa prior to the acquition. Mergers and acquisitions has be a positive, productive, and strategic move on the part of CEO?s and Board Chairs to increase market share and integrated a ?united we stand, united... If you want to get a large essay, ensnare it on our website: OrderCustomPaper.com
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