Guildfords Group 1
In this multimedia case, Bruce Phinney, President of a telecommunications company owned by Guildfords Group of Halifax, Canada deals with an issue that arose during negotiations for the purchase of the company. In this instance, there was an offer that was presented and accepted and then two and one half months near the time that the deal was supposed to close, the vendor came back and said, 'We have new information. We think we are doing better than we thought we were and we want more money.' So what should Phinney do?
Interviewee
Bruce Phinney
Company
Industry
Business Activity
Guildfords Group
Telecommunications
Information and communication
Headquarters
Halifax, Canada
Size
Medium
Employees
25 to 500
$1 million to $25 million
Yearly Revenue
Private Company
Type of Entity
Subject
Finance
Level of Difficulty
Difficult
Teaching Objectives
Learn about telecommunications industry
Keywords
Acquisition
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