LO.10 Findlay Corporation was formed by three engineers. Sally brings entrepreneurial skills to the ownership group, while Patricia is the “idea person.” Lois makes prototypes and works with potential manufacturers of Findlay products. Unfortunately, Findlay cannot exploit its operations due to lack of capital.

Huge Corporation has the needed capital and recognizes Findlay’s potential. It has sent takeover overtures to the Findlay board of directors. As the chief of Findlay’s tax matters, you have been asked to prepare a list of items that will be necessary should the acquisition by Huge occur. Present your list of at least three items in a PowerPoint slide.