Our office remains open to serve your important legal needs during these turbulent and challenging times. We are happy to schedule client consultations and client meetings by telephone or video-conference at your request.
Business & Employment Law Attorney
866-693-5541 | 303-424-4286

A look at the effect acquisitions have on store employees

Acquisitions and mergers help Colorado companies gain efficiencies and offer other benefits. There is definitely a lot of money being used on these deals; in 2018, $4.6 trillion was spent in the United States on acquisitions. However, one may wonder about the effect it has on employees and what can be done to help them.

During an acquisition, it is common for some positions to be eliminated or reduced, like positions in human resources, payroll and IT. Good companies take care of their people and usually offer generous compensation packages. This can help to bridge the employment gap.

When it comes to convenience store acquisitions, store level staff members have to be a priority. These jobs are usually not eliminated because all of them are needed in order to offer customers professional, friendly and prompt service. The idea that store level staff is a priority should be communicated often and early in order for a company to maintain their staff members.

It is also important to emphasize that the changes that will take place will be for the better. The last thing company leaders want to do is insist that nothing will change. It is much better to focus on the fact that things will change, but all of the changes have the purpose of improving the company, which will have a positive effect on the employees.

While there are many benefits that come from mergers and acquisitions, there are often legal questions that come up along the way. A lawyer may be able to offer a client legal advice regarding sales and dissolution, business sales, exit strategies and other business transactions. If necessary, the lawyer may be able to help a client draw necessary paperwork and provide other practical assistance.

No Comments

Leave a comment
Comment Information
  1. "I used the Bryan E. Kuhn, Counselor at Law, P.C. team to help me with a case. They were always professional, upfront, and positive providing guidance while keeping me informed."
    - L.H.

  2. "Everyone at the firm was professional, responsive and courteous. Kate was exceptionally knowledgeable and responsive and she helped me to achieve the desired outcome. I would definitely recommend this firm if you are in need of superior legal assistance."
    - J.S.

  3. "Bryan and his law firm operate with great professionalism and personal touch. I appreciated the way he and his team offered transparent communication."
    - N.S.

  4. "Kate & team were very professional in helping me to get through an uncomfortable ADA situation at my workplace. This was a very good legal experience. I would recommend Bryan E. Kuhn & team to anyone who needs work related legal help."
    - D.L.

  5. "Bryan, Katie, and all the staff in this office are super fast to respond, expert in their fields, and always helpful. We have been extremely pleased with their services for our small business."
    - T.Z.

  6. "Working with Bryan was amazing. His professionalism made a very stressful and difficult challenge as positive as possible. A great lawyer"