Exposure Checklist Expanding In M&As

Risk managers at companies involved inmergers and acquisitions need to be part psychologist, part psychicand part Houdini. They need to understand and work with employeesat the company to be acquired, look for potential exposures andsomehow try to bring it all together.

Richard Inserra, assistant treasurer at Praxair, Inc., anatmospheric gas company based in Danbury, Conn., said a riskmanager should have the same concerns with an acquisition that “youwould with your own organization.”

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