Paul and Patrick discuss the importance of how a pest control business can deploy a stay bonus program. Find out how one management team without a stay bonus program tried to extort $1 million from a seller at the closing of the sale of his pest control business.
Patrick learns about what happened to the family of a seller who died of a heart attack the day before the sale of his business.
Current events in the pest control industry – Paul talks about his bank’s overzealous posturing with “Project Warrior”. Also, now that the activist hedge fund, Third Point, has acquired a 3.1 million share stake in ServiceMaster, does this mean that ServiceMaster will be taken private or acquired?