A sample letter to share holder proposing amalgamation.
Company Name
Address
_________________
_________________
_________________
Dear Sir,
ADVERTISEMENTS:
In pursuance of the policy laid at the last general meeting, the directors have finalized the details for the amalgamation of interests of this company with _____________________________ (compnay). The directors are fully convinced that _______________________(company) enjoys a good financial standing and has sufficient dividend earning capacity. The amalgamation will strengthen the company and ensure it against a sterner competition.
The basis of the proposed amalgamation agreed upon by the Board of the two Companies will be exchange of one ordinary share in ____________________. For one ordinary share in _____________________________. It is hoped , you will formally support the resolution authorizing the exchange of share.
Yours faithfully,
ADVERTISEMENTS:
Name designation