aaa to merge with xyz details of the deal aaa announced today (date) that we have agreed to merge...
TRANSCRIPT
AAA to Merge with XYZ
<Merger Tagline>
Details of the Deal
• AAA announced today (date) that we have agreed to merge with XYZ
• We expect this merger to close in late June following regulatory approval
XYZ Company• History
– Company was founded in 19xx by John Doe and Bob Smith
– Company grew to #### employees by 19xx and now employs more than ##,### service professionals
• Vision/Mission– To be among the Top 5 in the industry and to provide
clients with world-class business services
Strong Growth
Employees 7,800 9,100 11,600
Locations 16 21 24
Revenue $XXM $XXM $XXM
1998 19991st 6 mos.
2000
XYZ Company
• Product Line/Services– Product Line A
– Product Line B
– Brand A
– Brand B
Complete Market Coverage
Chicago
CincinnatiMinneapolis
Detroit
PittsburghSt. Louis
Cleveland
Seattle
San Francisco.
Los Angeles
Phoenix
Denver
San Diego
Boston
New York
Philadelphia
Washington, DC
Atlanta
Miami
New OrleansHoustonAustin
Dallas
Orlando
Context for the Merger
• Expansion in the North American market
• Global service offerings
• Continuing world class development
Together we will be the second largest service provider in North America and the sixth largest in
the world
The Integrated Company
• Bob Smith, CEO
• Pat Jones, President
• Todd Johnson, Senior Vice President of Business Development
• Jennifer Davis, Senior Vice President of Services
Integration Planning
• Integration teams will be formed with representation from both companies
• Teams will be established to focus on integrating the major functional areas -- operations, sales, finance, human resources, IT, communications, and service development
Merger Timeline
Due Diligence
Agreement
Integration Planning Integration
Regulatory Approval
Announcement
Close
• SEC papers will be filed tomorrow• Average 10-12 weeks for approval• Regulations limit the amount of communication between the organizations until the deal closes• Once the deal closes integration will begin
The primary objective is to continue to provide the same high level of of service to our customers while preparing for change
More questions than answers at this time
• Limited amount of information we have to share today
• After the deal closes, more answers will be available regarding integration
• Funnel your questions to your local management team
• Any information that can be shared will be posted on the intranet at http://www.aaa.com
Opportunities for Employees• Major investment in this market confirms
AAA’s long-term commitment to North America
• Expanding opportunities beyond AAA’s products
• Part of a larger service organization• Expansion potential into XYZ’s customer
base with our consulting services
Questions & Answers
Parting Thoughts
Our goal is to grow the integrated company to become one of the major players in the business
services market in the US and Worldwide
We all need to work together to achieve this goal