A merger (i.e. marriage) is being planned by my board ( i.e. mom and dad) in Pakistan. They will inshahallah look at several potential merger opportunities. The market experts ( i.e. Auntees, other auntees and more auntees) are saying that the market is bullish right now. I did alert the board on a couple of opportunities that I wanted explored but they were vetoed. They also like to look into related companies first but the related companies did not have any merging potentials ( thank god..)
While I wanted the board to be open to international opportunities, the board wants to look locally (i.e. Pakistan) to start with and then perhaps go international. Knowing the ups and downs of the markets internally does help the board to decide. However, given that after the merger the company will go international, adjustment factors for different international environments would need to be considered.
Merger rumors among my close friends and associates ( my personal investments) are usually high whenever I visit Pakistan because they know whenever the board gets together for a physical meeting there may be something brewing. Previous rumors were proven false to the disappointment of many and to the joy of a few.
The board might short list potential "companies" for talks about merging before my trip to Pakistan. The board will undertake intense due diligence during the talks. The due diligence can be financial, behavioral and so on. I have a strong veto on the board too. The other "companies" have their own boards too, however the power of the principal on these boards can be too limited which we as a board need to watch out for.
Once a candidate is selected, terms and conditions for the merger are ironed out. The contract isthen signed and the two parties merge..and there is a potential for spin offs as well,...