Wb wanted to purchase our company for 20% more

Assignment Help Operation Management

Reference no: EM1383094

i had a buy sell agreement with my two partners and each year we evaluated the company in case one or more wanted out. the remaining partners had first right of refusal. in 2009 we valued the company at 1.5 million both of my partners were 67 in 2009 and both decided as the economy was slowing down significantly that they wanted to retire. to buy them out, i would have to borrow 1.2 million (pay them their share of the company and the cash balance on hand). we were complately debt free at this time. WB wanted to purchase our company for 20% more than our estimated value. they would also employe me. what would you do? explain?

Reference no: EM1383094

Questions Cloud

What is the net force on each side of the box : A container of hot water at 80 degrees cools to 79 degrees in 15 seconds while it is placed in a room that is t 20 degrees. Use newton's law of cooling to estimate the time it will take for the container to cool from 50 degrees to 49 degrees.

Which of the following is a term for a state statute : Which of the following is a term for a state statute authorizing boards of corporations to take into account all stakeholders and constituencies

Elucidate how would the information a management accountant : Elucidate how would the information a management accountant would use to determine company costs change depending on type of production.

Designing the tangent vertical curve : Due to a street crossing a roadway, the elevation of the roadway at station 3 +413.760 must be at 129.388 m. Design the curve?

Wb wanted to purchase our company for 20% more : WB wanted to purchase our company for 20% more than our estimated value. they would also employe me. what would you do? explain?

How to access to elements of document object model : To limit creation of malicious code, do you believe that access to elements of document object model and some Javascript functionality be limited?

Products which offers for sale-wheat cereal : Vega Foods, Inc., has recently purchased a small mill which it intends to operate as one of its subsidiaries. The newly acquired mill has three products which it offers for sale-wheat cereal, pancake mix, and flour.

What is the increase in temperature of the bullet : A 2 g lead (cp = 128 J/kg•°C) bullet travelling at 325m/s is stopped by the large tree. If half the kinetic energy of the bullet is transformed into internal energy and remains with the bullet whereas the other half is transmitted to the tree, wha..

What strategies have been used to promote collaboration : What strategies have been used to promote collaboration at your workplace or a company with which you are familiar? Have these strategies been successful or unsuccessful?

User Account

All Pages