A merger can be a serious consideration for any company which is why legal tools and resources are available to assist and guide merging parties through the process.
A newly formed strategic merger with a Baton Rouge outdoor-lifestyle company and an Illinois outdoor products company was recently announced. The merger is between Plano, a fishing accessories and outdoor sports storage system company, and Synergy Outdoors, based in Baton Rouge, which specializes in outdoor-related brands.
For those considering acquiring a new business or becoming business partners with another business, the potential for growth is likely one of the many benefits of the merger. Yet there are many important questions that need to be asked to ensure that the merger is a success in both the short and long term, including the potential for business litigation. Ensuring that both companies can complement or work with each other in a stable relationship is critical to ensuring the financial success of the venture. This is hopefully the case for the Louisiana Cookin' magazine and Hoffman Media.