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Lester Electronics 11

Lester Electronics

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Title: Lester Electronics

Essay Details:

Subject: Business

Author: James L

Date: November 16, 2012

Level: University

Grade: A

Length: 17 / 4862

Essay text:

Now, the CEO of Shang-wa is wishing to retire and has no formal succession plans for the company's management. At the same time, Shang-wa is being pursued for a takeover by Transational Electronics Corporation (TEC). Both companies are upset over the take over possibility. Lester is set to lose 43% of their revenues if they lose Shang-wa as a supplier. Lester Electronics is also being pursued for a possible takeover by Avral Electronics. After much analysis, both Lester and Shang-wa agree that a merger between the two companies would be the best solution to maintain their relations and stave off takeover attempts by the two other companies (University of Phoenix, 2006)...

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