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February 2020 Archives

Getting prepared for a successful business sale

While some Colorado business owners may want to spend their lives with their companies, others look forward to selling off the business. Some people may look for potential in selling to a larger company, while others may look forward to retirement. In either case, people want to see all of their work result in a profitable outcome. However, some business owners may face unexpected difficulties. There are certain guidelines that people can keep in mind that may help them make the most of selling their business.

T-Mobile/Sprint merger moves forward after judge's approval

For many Colorado business owners, mergers and acquisitions can be an important way to expand their enterprise by bringing on former competitors. However, negotiating a successful one can be complex for companies of any size and in any industry. Especially for larger corporations, some mergers may even face official opposition. In New York, officials announced that they were joining Colorado in ending their legal battle to stop the combination of two major wireless companies after a judge approved the agreement. T-Mobile and Sprint, two of the nation's largest mobile phone service providers, are merging in a $40 billion deal.

Hard seltzer companies in fizzy trademark dispute

One of Colorado's best-known companies is locked in a trademark battle over the name of its hard seltzer product. Molson Coors is facing a trademark infringement lawsuit over the name of its newly announced Vizzy brand, which is scheduled to launch in the future. Future Proof Brands, which manufactures an alternate hard seltzer called Brizzy, said that the company should be barred from using the name due to a risk of consumer confusion in the marketplace. Brizzy was created in 2018 and launched in the market in September 2019, and its manufacturer expects to exceed $2 million in sales in its first year of availability.

H&M wins long-running trademark dispute with Adidas

Trademark owners in Colorado and around the country sometimes find themselves embroiled in legal battles with infringers that drag on for years, but few of them last as long as the dispute between Adidas and H&M. The case began in 1997 when Adidas filed a lawsuit against the Swedish clothing company over allegedly infringing merchandise, and it was finally resolved in favor of H&M on Jan. 28.

Mistakes buyers make when acquiring a business

Individuals in Colorado or elsewhere who are buying a business for the first time may be vulnerable to making critical errors. For instance, they may neglect to do due diligence before agreeing to purchase a company. While a company may be doing well today, it is important to figure out why it is successful. Performing due diligence can also help a potential buyer determine if there are any issues that may impact a company's chances of future success.

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