Dear consultants:

This is to formally inform you that we have accepted your proposal.I am looking forward to your appraisal of our situation, as well as your recommendations.Please be sure to include negatives and positives, even for your own recommendations, so that we can make the best informed decisions for our stockholders.And we would find it useful if you would provide a sensitivity analysis.Please note that we do not need vague suggestions.We need specifics and a good analysis of the costs and benefits of the alternatives.And please be sure to clarify your assumptions.Also be sure that your report addresses the following issues.

1. Industry and competitive analysis.
2. Evaluation of our overall strategy.
3. Whether we should make the acquisition and, if so, at what price.
4. What should be our financing plan if the acquisition is made?
5. What should we do about dividends?

We look forward to your written reports.We anticipate a thorough analysis.Please prepare to present your findings and recommendations to top management.