Should I merge with another company?
Merging with another company, acquiring another company, or subsidizing another company can be a good decision for a business, depending on the organizational structure, management, and financial situation. However, when taking this step, there are many issues to consider, such as how this change will affect payment distributions, relationships with shareholders, hierarchical organization, relationships with co-owners or managers, and location of a business. As such, before making this major decision, it is advisable to consider all aspects and consult with a legal professional.
The attorneys at Cagle Carpenter Hazlewood are well-versed in all business formation aspects, including the formation of a new company out of two or more previously separate ones. Get in touch today if you are an Austin business owner looking to merge with another company and you need guidance in this endeavor.