A supplement to Telus: The Acquisition of PSINet Canada (A), product 9B02C025. Telus has become a front-runner in the purchase of the now-bankrupt PSINet Canada. There are rumours of other companies in the race to purchase the company - all suitors will attend an auction at a later date to determine who wins the right to buy the company. The vice-president of strategic integration has four days to prepare for a town hall meeting with PSINet Canada employees. There, an offer will be made to the employees. Telus has determined that retention of the majority of the employees - should it proceed with the acquisition - is a key priority. He must decide how to present his case to the employees; most are probably demoralized and affected by the bankruptcy proceedings. He also needs to determine how Telus should manage the relationship between it and the bankruptcy monitors.
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