Existing owner has one year contract, but wants to do it their way…
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How would you handle a situation in which the owner(s) of the company that is acquired, has a contract to stay on board for at least one year, however not only refuses to help with the integration transition, but purposely continues to do it their way, the “right way” according to them? This has been a theme in multiple acquisitions that I’ve been part of, and has dramatically slowed the integration process down. What options do you feel are available in this type of situation?
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