Question

Write a brief statement to Nike stating that your proposed asking price for the sale of your company is fair. Include any terms or conditions that you believe will entice Nike to purchase your company.

Answer 1

answer-

We are offering our company for sale to you for a price of $100 millions of dollar. I guarantee you that you will not regret the decision of buying my company at this fair price. Since you are the World's renown brand of sports shoe and apparel manufacturing brand, it will be the best deal for your since $100 million dollars for a 50 years old company which has its own strong brand in US with millions of customer base. Buying our company will grow your business and customer base. Many companies spend hundreds of millions dollars in marketing and promotion so that they can attract more customers but buying our company will add the customer base into your customer base.

The market price of our company is already $110 millions of dollars and there are other companies in line as well who want to buy our company. We decided to give first choice to you because of how big brand you are and we had good business relationship with your company.

Terms and condition are-

You have time of 7 days to decide whether you want to buy our company. after 7 days, we will sell company to your competitor rebook.

If you decide to buy our company then you can pay in cash by 60% and 40% of remaining we can buy shares in your company.This will help to save some cash of your company to further invest in other investment.