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> There are a lot of risks to an acquisition (eg sexual harassment How on earth is sexual harassment a risk to an acquisition?
by elliotec 5y ago
> There are a lot of risks to an acquisition (eg sexual harassment
How on earth is sexual harassment a risk to an acquisition?
- spoonjim 5y agoCEO has sexually harassed employees. You acquire the company and now the employee sues the company. Which is now you.
- franga2000 5y agoHow is that a suit against the company and not the (now former) CEO?
- Meph504 5y agoWhen you buy a company you buy its debts and liabilities also, be it sexual harassment issues to be settled, or dumping toxic waste all of this has to be factored in to the risk of acquisition. On a side note, without knowing the details, its a bit unfair to lay all this at the CEOs door step. It very well could be he was given the boot, and as part of his exit, he is given severance with a non-disclosure agreement. Sells his house, buys a boat, and walks away, it seems more like he was pushed than it would be, I just got tired of dealing with it. Wouldn't be the first time a CEO got ousted because of a failed acquisition. I have no knowledge of him, or who he is as a person, just saying we don't know the current narrative is accurate.