FAQ’s on Business Exit Planning and “Corporate Divorce” (or “Business Divorce”)
…primary customer or a primary service provider. Succession planning for a change of ownership (or “change of control”) can merely pass the baton, or it can reconfigure the enterprise through strategic merger. For example, family founders might hire a new global manager to help integrate new owners who merge their foreign entities into a holding company, where the new global manager digitally transforms a once-local business into an integrated glo…