vectra
Member
- Joined
- Jun 16, 2005
- Member Type
- English Teacher
- Native Language
- Russian
- Home Country
- Ukraine
- Current Location
- Ukraine
The task is to put in some idiomatic expressions in the story. Does the story sound more or less OK for a native speaker? The thing is it was made up to accommodate all ten idioms.
Put in the following idioms in the text.
1. Licensing agreement
2. Blanket agreement
3. M&A
4. Hostile suitor
5. Marriage of convenience
6. To walk away from
7. To turn one’s nose up at
8. One-time upstarts (2 times)
9. To be up for grabs
10. To tender for (a contract)
To: all staff
From: TechReach Ltd management
Date:
Subject: on a merger of our company with QuickSolution plc
Dear colleagues!
The situation around an alleged merger of our company with QuickSolution plc has created ungrounded rumours and speculations.
We, at the Board, feel the time has come to clarify some important points.
As you know, our company entered into negotiations with QuickSolutions plc after failing to sign a lisensing agreement with Prodigo. We had placed great expectations on this contract which would have boosted our revenues and, eventually, improved the bottom line.
But due to a spate of bids made by hostile suitors to acquire Prodigo, the contract never materialized.
We have been approached by some companies with a view of concluding contracts and fending off one-time upstarts which have made life difficult for well-established, respected companies like ours.
But we have had to walk away from these offers, which, in our opinion, fall short of violating the law.
During this period of time the Board has been actively seeking potential investors and ways to retain the company’s positions on the market. In the M&A age, merging with another solid company is the only viable solution to stay afloat. In our view, QuickSolution plc would be the right company to merge with.
Currently, the Board is in talks with QuickSolution plc management to sign a blanket agreement which would apply to both companies, should they decide to merge. This agreement would allow us to keep our core staff largely intact, and give handsome severance payments to those who might be laid off.
At the time of an economic downturn, we simply cannot turn our noses up at offers put forward by QuickSolution plc.
This company has tendered for and won a lot of contracts, and needs our expertise and reputation as much as we need theirs. Should these negotiations fail, we might find ourselves up for grabs by any of one-time upstarts who have sprung up across the country.
By no means it is a marriage of convenience which could shower the Board and senior management with six-figure bonuses and golden handshakes.
We do believe the company’s staff will rally behind its Board and support its decision about a merger with QuickSolution plc.
Put in the following idioms in the text.
1. Licensing agreement
2. Blanket agreement
3. M&A
4. Hostile suitor
5. Marriage of convenience
6. To walk away from
7. To turn one’s nose up at
8. One-time upstarts (2 times)
9. To be up for grabs
10. To tender for (a contract)
To: all staff
From: TechReach Ltd management
Date:
Subject: on a merger of our company with QuickSolution plc
Dear colleagues!
The situation around an alleged merger of our company with QuickSolution plc has created ungrounded rumours and speculations.
We, at the Board, feel the time has come to clarify some important points.
As you know, our company entered into negotiations with QuickSolutions plc after failing to sign a lisensing agreement with Prodigo. We had placed great expectations on this contract which would have boosted our revenues and, eventually, improved the bottom line.
But due to a spate of bids made by hostile suitors to acquire Prodigo, the contract never materialized.
We have been approached by some companies with a view of concluding contracts and fending off one-time upstarts which have made life difficult for well-established, respected companies like ours.
But we have had to walk away from these offers, which, in our opinion, fall short of violating the law.
During this period of time the Board has been actively seeking potential investors and ways to retain the company’s positions on the market. In the M&A age, merging with another solid company is the only viable solution to stay afloat. In our view, QuickSolution plc would be the right company to merge with.
Currently, the Board is in talks with QuickSolution plc management to sign a blanket agreement which would apply to both companies, should they decide to merge. This agreement would allow us to keep our core staff largely intact, and give handsome severance payments to those who might be laid off.
At the time of an economic downturn, we simply cannot turn our noses up at offers put forward by QuickSolution plc.
This company has tendered for and won a lot of contracts, and needs our expertise and reputation as much as we need theirs. Should these negotiations fail, we might find ourselves up for grabs by any of one-time upstarts who have sprung up across the country.
By no means it is a marriage of convenience which could shower the Board and senior management with six-figure bonuses and golden handshakes.
We do believe the company’s staff will rally behind its Board and support its decision about a merger with QuickSolution plc.
