Can The Loss Of A Key Employee Kill A Station Sale?


Some buyers regard the retention of key employees following the closing of a radio or TV station acquisition as an essential element of the deal. Yet, sellers often do not take into consideration the adverse impact of the exit of a key employee — or several. Should a firm succession plan be drafted before the Asset Purchase Agreement is signed?

In this this second Deal Killers limited podcast series exclusively presented by RBR+TVBR, the loss of a key employee as a deal killer is discussed in a roundtable conversation moderated by RBR+TVBR Editor-in-Chief Adam R Jacobson featuring Doug Ferber, CEO of DEFcom Advisors; Erwin Krasnow, the co-chair of the Communications Group of Garvey Schubert Barer law firm; and Community Broadcasters COO Bruce Mittman, President/CEO Jim Leven and Controller Peter Henderson.

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