Miguel Rodriguez, the iHiker general counsel, has been approached by a larger software company that is interested in possibly acquiring iHiker. Miguel and the other partners of iHiker are somewhat excited about this possible acquisition, but the owners are also worried about protecting company trade secrets and losing control over the company. What can be done to protect company trade secrets and proprietary company information as the larger software company explores whether to acquire iHiker? What can be done to keep this potential acquisition from being publicized? Discuss what is meant by due diligence with mergers and acquisitions. What are the potential advantages and disadvantages of company acquisition for: (1) the owners; (2) the employees; and (3) the customers?

Miguel Rodriguez, the iHiker general counsel, has been approached by a larger software company that is interested in possibly acquiring iHiker. Miguel and the other partners of iHiker are somewhat excited about this possible acquisition, but the owners are also worried about protecting company trade secrets and losing control over the company. What can be done to protect company trade secrets and proprietary company information as the larger software company explores whether to acquire iHiker? What can be done to keep this potential acquisition from being publicized? Discuss what is meant by due diligence with mergers and acquisitions. What are the potential advantages and disadvantages of company acquisition for: (1) the owners; (2) the employees; and (3) the customers?