My partner and I are on track for a 12/17 close on a Texas healthcare deal, but I have hesitations about announcing to employees before the Christmas and New Year's holidays.
As an employee, no matter what my new buyer would say, I'd likely feel mixed feelings about such an announcement, even though employees just got record year-end bonuses. Employees could also feel such an announcement was mistimed and a clumsy choice by the seller and buyer.
As a buyer, I don't want to delay the announcement as I want to begin the transition from my seller without delay, but I could reasonably sit from the back until 1/1 and handle all the immediate post-closing items and get my financials together.
How would you navigate the situation?
Scheduled Close for Dec - When Should Seller and I Announce to Employees?
by a searcher from Northwestern University - Kellogg School of Management
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