Canadian Company Acquired, Employees Not Informed

Post date: 2020-10-21 01:51:26
Views: 102
(YANML) The company that I work for has been acquired by another company (found the information here: https://www.ic.gc.ca/eic/site/ica-lic.nsf/eng/h_lk00014.html in Acquisition Notifications). This happened over 6 months ago and the employees have not been informed.

Mostly, I wonder if this is legal, but in general is this something that happens? I know that companies try to keep everything hush-hush before a merger or acquisition, but I've never heard of a company not telling its employees after the company has been acquired.

Assuming it's legal, what is (your best guess to) the reasoning behind this? Is it a common practice?
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
I'd like to book my trip please...
Resident Alien: Avian Flu
Additional fields for Answers?
Answered: [New theme] - POLARIS
How to change the duration of "hotness" section
Delicious in Dungeon: Stewed Cabbage/Orcs
Hazbin Hotel: Hello Rosie
FEUD: Hats, Gloves and Effete Homosexuals
~How~ to search for a seasoned therapist & psychiatrist?
A follow up to my automated transcription question