Wanting Out of a PartnershipBy Nina Kaufman, Esq.
Reports last week indicated that Siemens, the German conglomerate, was looking to end its partnership with Fujitsu Siemens Computer. According to CNET News.com, the nine-year-old joint venture could be valued at between $3.12 billion and $4.65 billion.
With numbers like that, it’s crucial to have a clearly-defined exit strategy.
Especially without numbers like that, you need to have a clearly-defined exit strategy. Both companies seemed to feel that the joint venture partnership no longer met their needs or squared with their business goals. For any alliance looking at a long-term horizon, there are a host of reasons that you might need to get out. Make sure you’ve thought yours through.
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