| At
J.B. Poindexter, we value the role of intermediaries
in bringing opportunities to our attention and in helping
negotiate and conclude transactions. Of more than 30
acquisitions completed, many involved intermediaries.
We work with intermediaries representing sellers as
well as intermediaries representing us as buyers.
We
don't need a full investment banking memorandum to get
started on an acquisition opportunity. A telephone call,
a general idea of the nature of the company, and some
summary financial information will let us make an initial
evaluation. We want to cooperate with intermediaries
to make the submittal task as easy as possible. We are
committed to a rapid response within five days of the
initial submission of an idea. |