Preparation for M&A (1) – PART 2

"The reason I talked with the president here is to ask him to hire me as an employee. I wanted to start my investigation early in collecting information to know the exact situation of the company, like how much debt it really has."

"Hmm. So you are interested in acquiring this company."

"That's right. I believe you probably want to sell the company to a third party as early as you can. That's what the court promotes too, right? If the company is sold even before the court receivership actually starts, you might get an incentive too, I believe."

"That's not a bad idea. What concerns me is that you need to take a position with a real task. We actually have a vacancy in a position that handles lawsuit related work. The person who used to work in the position quit the job; he said the work was too hard for him. Why don't you take the position and do your own investigation about the company and its debt while handling the company's lawsuit?"