Negative Corportate message 1

Negative Corportate message 1 - Atlanta, Ga. TO: All...

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Atlanta, Ga. June 10, 2010 TO: All Associates Worldwide Just moments ago, we announced some exciting news with Curmudgeon Works, marking a truly historic day for the evolution of our franchise system. I want to take this opportunity to share with you some additional thoughts on what this will mean for you and how today’s actions will usher in a new era of winning for our Acme system. This morning we announced that we will acquire Curmudgeon Works’ entire business, which consists of approximately 75 percent of U.S. distributor outlets. A new entity, which will retain the name Curmudgeon Works, will be created to hold Curmudgeon Works’ international businesses. Curmudgeon Works has agreed in to continue their operation and expand internationally. This will ensure they continue their geographic coverage. In addition, Curmudgeon Works will have the right to acquire any future international operations. You may be wondering why these actions are being taken now.
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This note was uploaded on 12/01/2010 for the course BISM 165871 taught by Professor Hannah during the Spring '10 term at Kentucky State University.

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