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What Are Some of the Significant Issues That Arise When

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Essay

What are some of the significant issues that arise when established firms make a general cash offer or a private placement of securities?


Definitions:

Succession Problem

The issue of who will run a business when the current head leaves.

Leadership

The act of guiding, directing, or influencing followers and orchestrating strategies to achieve a common goal.

Family Business

A business owned and controlled by members of a family.

Succession Plan

A plan for how a firm’s leadership transition and related financial matters will be handled.

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