Canadian Company Acquired, Employees Not Informed
Post date: 2020-10-21 01:51:26
Views: 222
(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:
DOJ charges Southern Poverty Law Center with fraud over secret funding of extremist groups
Trump recounts Tim Cook call to 'kiss my ass,' in stark look at White House dealmaking
Did this crow poop on me deliberately?
I am your manager but I'm not your manager
Is it okay to leave the toilet seat up in a shared office space?
Trump extends ceasefire in Iran, citing 'seriously fractured' Iranian government
Movie: Rabbit Trap
Big Mistakes: Big Mistakes
These stocks may rip if the Iran conflict is resolved, UBS says
Tim Cook turned Apple into a $4 trillion juggernaut by not trying to be Steve Jobs