20 April 2006Work
Day 1

Today is that day that my company has been officially swallowed up by a huge Swiss pharmacuetcal company. Lots of changes are afoot. Many people at the corporate level will be made "redundant". One of our divisions is being absorbed into the mother company. The other two, including mine, are being merged into one business unit. It should be interesting to see what happens. Whatever does happen, today is a day of celebration for many folks as the 4 year cycle of stock vesting has been accelerated into 1 day (today). Anyone with viable stock options will be cashed out as if they waited and worked for the company for four years. A nice benefit of the merger, and totally necessary since our stock ceased to exist as of this morning's open.

I'll keep you posted if there are any major changes to me personally, but I doubt anything will change, at least until the end of the year, but you never know.

Posted by andrew at April 20, 2006 07:25 AM


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