X Company is in the process of going through an IPO. They have just been advised that they have entered into negotiations for a large private contract that is not yet signed. The terms of that negotiation are confidential. As its preparing to write a routine press announcement, the company should:

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Business

Sammy Gates

11 March, 01:54

X Company is in the process of going through an IPO. They have just been advised that they have entered into negotiations for a large private contract that is not yet signed. The terms of that negotiation are confidential. As its preparing to write a routine press announcement, the company should:

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Ignacio Morgan · Answer 1

In this case, the negotiation terms are all confidential and the negotiation for the contract has still been incomplete - not signed yet.

So that when preparing the routine press announcement, the company should consider not providing too specific information, avoiding mentioning confidential details. In the announcement, they should only include information which is general and factual.