Summary: This proposal letter has been written to offer merger of a company into a larger one to protect the interests of the company. The letter includes the request on behalf of the director stating the various achievements of the company as well as the situations resulting of this possible merger.
CMD,
Bank of Canada,
Respected sir,
This is John Baxter, Director of Money Solutions, Vancouver which is a leader non banking financial organisation. It would be a great step in the business world if my company merges with yours as I want to see the bright future of my company which is only possible through this. I am planning to settle down in the USA.
I am proud to inform you that our NBFI has paid up capital of 400 million and also provided authorized capital of 220 million which is incredible bona fide. Its liquidity is 12.24% and net asset value of 660 million. With the branches spreading over Canada and work force of 1800 employees, this 150 years old organisation is designated to move ahead.
If the merger suits your plans, I would like to appeal to the concerned authorities to allow approval for the same.
Thanking you.
Sincerely,
John Baxter,
Director,
Money Solutions.