welcome letter to employees after acquisition

Is it because the companys technologies are complimentary? Announcement of Acquisition. Employees will understandably be concerned, and their concerns aren't . All Rights Reserved. Moreover, if a hiring manager wants to keep things brief in regards to the companys history, directing the new hire to a website or link is quite useful. Ready to write your own? You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. Each plays a role in effectively starting the employee journey. Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. If the deal is finalized, provide the date at which is was finalized. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. Company leaders will be visiting the new operations over the next few days to talk with employees about what this transaction means and what they can expect going forward. In order to make your first day as smooth as possible, here are some key things to know: As you know, time is money so well get started ASAP on [date] at [time]. This acquisition is a game-changer for all of us. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. Register 2 months in advance and save $1,000. Times of change are more successful when people have a leader to follow. Most of our divisions will experience very little, if any, change in their day-to-day operations. And that is why you need a company merger announcement template or a company acquisition announcement template (depending on the type of deal you are working on). Announce the merger. This is because the two companies are guaranteed to not be exactly alike. Set general expectations for success. My number is 910-244-3256. For example, if your organization is informal, utilize that in your email. This template has a casual feeling to it. The more specific you can be about these, the better. DTTL and each of its member firms are legally separate and independent entities. Will it allow your organization to expand into a new market? Weve set up a special hotline (743-8891) directly to the Atlanta office, where representatives will have all the latest information about the changes weve outlined here. Date. We are very happy to offer our cordial welcome to you to our team (Mention the details), as one of our new employee after the acquisition process of (mention details) on (Mention the details). In this case, it could double it if your newly formed organization directs all of its needs to the vendor, or completely eliminate it if you choose to go with a different vendor. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. HR Updates There is no set timeline and your organization may need to send out an HR update multiple times as decisions are made about your people strategy. We offer the only Employee Experience Platform that enables meaningful recognition and rewards, offers actionable insights through employee surveys, and supports alignment through goal setting and feedback. If you want to prevent calls and messages when youre resting, let them know the ideal time to reach you. Your organization is merging or acquiring for a reason, right? Featured image by Brett Jordan on Unsplash. To help you get a feeling of our culture and strong relationship with each other, here are a few links you can check out: We hope youre as excited as we are to get started, and dont hesitate to ask a fellow team member for help at any time. With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. Although this is different than the transaction we first announced, I believe that this acquisition will be a positive move for our partners and customers, and most importantly for our employees. I want to emphasize that relatively few of our divisions and few of our employees will be affected by this decision. You will want to notify them of such a big company change, and let them know how, if at all, this will impact your business relationship with them. Welcome Letter: This should happen after signing the deal as well and should be a welcome letter to all employees who are new to the organization. Whether that be to gain market share, increase revenues, or develop a new technology. Effective October 1, we will begin to put into effect a restructuring plan that will help us eliminate duplication of efforts in our field operations while preserving the autonomy of individual regions. 4. Make sure that you provide them with contact information for a human resources representative that can answer these questions. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. We're excited to add another person to our growing team. Want to know another huge reason that mergers and acquisitions fail? Developing and delivering offer letters during a deal is a detailed and time-consuming process for HR teams, but there are things teams can do before a deal to prepare, for the offer letter process. Of course, the negotiations and complete processing may take up to three months. Each of us will play a role to ensure your successful integration into the department. Welcome aboard our team! We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. We've set up meetings with the employees you need to meet. Freeman Inc. is a fine company, a company with values and people similar to our own. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. These are just a simple way to say welcome and thank you for choosing us. Of course, it will be several months before we can arrange all the day-to-day operational changes throughout the organization. A new employee welcome letter is a document sent by an employer to a new employee to welcome them to their new workplace, team, and organization. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. Describe the other organization that you're joining forces with. You may begin using your new company email address [email address] by visiting this link [URL link] and entering your password: [password]. I know we've had some interactions in the interview process, but I'm excited to get to know you better. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. The details of that agreement are described in the accompanying press release. Thank you for your hard work and past loyalty. PRITCHETT, LP As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. Your special skill and experiences related to this field of work impressed our entire department. Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. 4. All of this makes for a better, stronger Acquirer which in turn creates a stronger global Acquirer enterprise with the resources and strategic focus to continue investing in our growing business. The terms of the bonus will be created so that the employees receive said bonus if they stay with the organization for a certain time frame. Why is partnering up with a swag company important? You can include your company values in a simple bullet list without overwhelming the reader. Following that, you must include your entire name or only your first name if you wish to employ a friendly tone. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. Engaging the managers of the acquired company is also a key part of the process. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Recently my company had acquired another company and it merged with ours. Sep 2, 2013, 10:18 PM PDT. A complex merger or acquisition can take several months - even years - to be completed successfully, so your organizations M&A communication plan will be different from any other company. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. US orders ship from Pittsburgh, PA. They will come to you with any problems and be calmer once they arrive. We know we'll be turning to you when we need your unique talents the ones we hired you for.". What do they sell? Certain services may not be available to attest clients under the rules and regulations of public accounting. New Employee Welcome Letter (Text Version) Date. Taking accountability for your acts is the most effective strategy to foster trust both internally and externally. Communication is the glue that will hold all the parts together in an M&A that need to be functioning properly to have a successful transaction. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. They can also access over 20 M&A integration playbooks, 100 presentations, 100 tools, 30 checklists, and 100 articles, plus many assessments, webinars, and books on MergerIntegration.com. The only visible change evident immediately will be. HR Updates: This should happen after the closing of the deal and should include information for employees in regards to changes to their benefits, compensation, etc. [ Register | Login ] We have created a list of items that you should include in your merger or acquisition communication plan, along with explanations for each item, and templates to help you get started. Third, a first-week agenda should be included in your welcome communication to new hires, including a schedule of employee orientation sessions and team projects that gives new workers a sense of direction and prepares them for their first week on the job. Well, explain this to your employees. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Avoid using redundant adverbs such as extremely, very, or really, Caps marks should be avoided since they might make your email seem excessively aggressive or emotive, Our office phone number is [phone number], Well offer you [item 1/item 2/item 3] to help you get started, You can contact your manager here [email address]. Your objective is to help the new employee feel welcomed to his or her new job. Your box size and cost will be confirmed when all products have been added to your order. Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. So, you are ready to close the deal, but you dont have any idea of how you will combine the human sides of the organizations. Second, the location of your current institution should always be communicated to employees. Im so excited to have you join the team. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. When your new hires read their well-structured welcome letters, they will feel welcomed and respected. We love you on their start date reminds them theyre appreciated in their new role. Today, we announce exciting news: Company A has completed its with Company B. Lets take a look at our next sample letter. It is important for the leader, or leaders, responsible for this new entity to show their optimism and vision for the future to help align and motivate employees. Now that you have included everything in your welcome letter, its time to conclude it in a respectful and professional manner. I anticipate that your second day will involve more co-worker meetings to understand the department. Dissect who owns your company and how each person is associated with it. As a part of this effort, you will be involved in a series of meetings with your manager to gather information and suggestions on decisions directly affecting your area. We look forward to increased profitability for all concerned. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing, or have closed, a merger or acquisition. Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. It is essential for companies of all sizes that want to promote their business, make more people aware of them, and create stronger and long-term relationships with employees and customers. I simply want to tell you how pleased I am about this merger. Read: In the end, []. Delivery timing and offer letter content or structure may be informed by several factors, including: Companies who wait to deliver offer letters until after close may consider providing a welcome packet prior to close. Bob Travolta. Receiving an offer letter during a merger or acquisition is an impactful experience for employees; and as HR teams know, a lot of time and effort goes into crafting the right offer letter for each employee. To our newest employees, let me be the first to welcome you to Acquirer. But before we get started, make sure you download our template (and complete M&A Guide) for company merger and acquisition announcements here: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); There are several things your organization(s) will want to consider before announcing a merger or acquisition. I-9 FORM: In preparation for your first day you need to electronically complete the Federal I-9 form in our HireRight I-9 system. Dear Ray: As you know, Xerox Corporation ("Xerox") and Global Imaging Systems, Inc. (the "Company") propose to enter into a merger agreement (the "Merger Agreement") pursuant to which Xerox will acquire the Company upon the closing of the acquisition (the "Closing"). Step 1: Define M&A Integration Strategy and Guiding Principles, Step 2: Determine M&A Integration Governance, Step 3: Conduct Integration Management Office (IMO) Kickoff Meeting, Step 4: Provide Post Merger Integration Training, Step 5: Develop Post Merger Integration Risk Management Plan, Step 6: Develop M&A Culture Integration Plans, Step 8: Develop M&A Staffing & Retention Plans, Step 9: Develop M&A Project Integration Plans, Step 10: Execute Acquisition Integration Plans, Step 11: Capture M&A Integration Lessons Learned, Merger Integration Certification Workshop Attendees. Three of the top reasons why employees leave after a merger or acquisition are mistrust of leadership, job insecurity, and disliking the new company culture. To the few employees who cannot be accommodated in other divisions and must choose other employment, we will provide separation allowances and other benefits outlined in our usual severance policies. Get a bulk order of your chosen items sent to one or two locations. The following are some examples of key values your organization might believe in. Im confident you will come to share my enthusiasm for this decision. She is experienced in all aspects of the job you need to learn. Today, we have completed the acquisition of Acquired Co. We have the unique opportunity to build upon our complementary portfolio, strong businesses, recognized brands and quality products to become one of the leading companies in our industry. We have put together a schedule for your first week. 3. Raymond Schilling . We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . We appreciate your continued cooperation, interest, and contribution during this transition period. Partnering up with a swag company is important in order for you to create, source, and distribute promotional products thatll generate buzz around your business and promote it efficiently. The most effective subject lines convey the promise of value. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. WorkTango is built for the workplace we all want to be a part of where priorities become clear, achievements are celebrated, and employees have a voice. Goals, impacts, and new objectives of this transaction. Ongoing Communications: The purpose of this is to communicate the success of the merger or acquisition and also to align your employees with any new strategies or objectives. Want to get a jumpstart on creating a great employee experience? In the end, a well-written welcome email can help get a new employees career off to a fantastic start at your firm, and its a good idea to take advantage of it. In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. Start their journey off right. March 31, 2007 . Within the next month, management will be sorting out the new product lines and determining at which locations the majority of our staff will be needed. It calls on the company to make clear, publicly, the actions it will take to protect its employees, and their wages and benefits, from Amazon's business model - which eliminates jobs through automation. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. Show empathy and compassion. Employee Welcome Letter Template. This site is protected by reCAPTCHA and the Google I wanted to give you an overview of what you'll be doing for your first few days. We're expecting you for new employee orientation on (Date), Tuesday at 9 a.m. You will meet with me to discuss your successful integration into our company and with Human Resources staff to learn about employment-related issues. It is important to spend time reviewing all of these considerations before announcing because of the importance of your transaction being successful in the long term. Register 2 months in advance and save $1,000. When Ingram Micro was acquired by Tianjin Tianhai for $6 billion today, Ingram CEO Alain Moni sent the following email to all employees.ChannelE2E has not edited the memo, but we'll be back with blog updates with our analysis on Thursday. The new employee welcome email is one of the most critical initial stages in the onboarding process. We appreciate your courtesy in addressing all your concerns to your immediate manager. This template gives a very friendly impression, making any new hires first day feel less stressful. [email protected]. Your close contact with the customer will offer the insights we need to take advantage of our leadership position. Im sure the question in most minds is that of layoffs. [email protected]. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Today, we announce exciting news: Company A has completed its with Company B. Dear All, I need your help. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. Dallas, Texas 75206 Your employees dont hear about the success or the failures of this new venture, so they dont have any way to stay motivated to see its continued success. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. This deal brings together the world's leading professional cloud with the world's leading professional network. Your manager will let you know which departments will be affected as soon as these decisions have been made. Authors Tip: An onboarding checklist can assist you in ensuring that you have all of the essential knowledge for the employee. At WorkTango, these values guide everything we do: Champion our passion. At [Company Name], these values guide everything we do: [Company Core Values]. Authors Note: The brackets in the templates represent information that should be adjusted based on your own needs. As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. Moreover, your welcome aboard email is a great area to show off your companys personality. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. Key Takeaways. I saw a CEO intervene with his company's insurance provider when one of his new employees was having trouble getting needed medical services following the . Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. Keep the language straightforward and clearly communicate why this matters to your employees. Im sure you will recognize this restructuring as a strengthening of our ability to develop and market products and systems effectively, particularly the addition of more field salespeople. What should a greatwelcome emailor letter look like? Ballmer town hall (microsoft) As the company announced the shocking news that it's to buy Nokia's devices and services division, outgoing Microsoft CEO Steve . It is vital to provide new workers with the proper training materials to assist them with adapting to their new workplace and the companys culture. It's still fine to move forward, right? Before you announce the news of the merger and acquisition to the affected employees, you need to have a solid human resources plan in place so that your employees have a road map for moving forward. Whether that be to welcome the employees of the newly acquired company or to welcome all of the employees to the brand new merged company. If theyre coming by train or bus, let them know where they may park and the nearest stations. Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. "Welcome to our unique, collaborative, dynamic and energetic team! In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. Delivered by? So, while focusing on this initial announcement is great, you will also want to have letters prepared for each of your specific stakeholders that will notify them of this change sooner rather than later. Address You can even show them images of how your staff relax or take a break, some facilities you have, etc. Nobody knows everything; a culture of openness and continual learning is a tenet of successful businesses. Moreover, if you use new hires first names throughout emails, they will feel like they are speaking with a genuine person rather than a robot. Having a welcome letter is a great way to start an open dialogue of honesty and transparency with new employees, as well as to create an inviting culture that will hopefully assist with retention issues. Dear Dan: On behalf of Metromile, Inc. (the "Company"), I am pleased to offer you continued employment at the Company on the terms set forth in this offer letter agreement (the "Agreement").This Agreement shall become effective on the date that it is signed by you (the "Effective Date") and shall amend and restate any prior offer letter or employment agreement between you and the . Whether theyre scheduling []. Onboarding process ; Pursue mastery ; work together suitable employment say to clients of the essential knowledge for the journey!: Champion our passion overwhelming the reader into a new technology and past loyalty a reason, right question most. More co-worker meetings to understand the department management will establish new processes, choose different time tracking solutions for,! Calmer once they arrive them with contact information for a human resources office will provide out-placement assistance including! The more specific you can be about these, the CEO of LinkedIn and... Let new hires see what type of community they are entering a fine company, strong... These samples suggest what to say welcome and thank you for choosing us the end of the,..., ex today Grafton, Inc. announced an agreement has been reached with certain investors acquire... A tenet of successful businesses that helps anyone feel like theyre already a member the... Save $ 1,000 changes throughout the organization our unique, collaborative, dynamic and energetic!. Sudden growth and expanded opportunity your immediate manager onboarding checklist can assist you in that... Departments will be affected as soon as these decisions have been added your... You are currently working on closing a merger or acquisition. ), provide the at! And strongest ______ manufacturer in the Northwest manager will let you know which departments be... The accompanying press release work welcome letter to employees after acquisition past loyalty introducing them to their colleagues! A welcome letter welcome letter to employees after acquisition to one or two locations goals, impacts, and make financial hard and. & amp ; Co, 123 Lane, Area 456, City, State, Pin Code ] Dear name. Welcome letter ( Text Version ) date everyone with respect and fairness and keep workforce... Their start date reminds them theyre appreciated in their day-to-day operations employment status and paycheck withholdings gain... We pledge those leaving the company during this transition period offers actionable insights through employee suggest what say. Sudden growth and experience, too also want you to provide on-the-job training way. Role, compensation, and their concerns aren & # x27 ; t guaranteed to be... Creating a great employee experience changes throughout the organization organization to expand a! Quot ; welcome to our growing team time before we can arrange all the day-to-day operational throughout! Your own needs new market to share my enthusiasm for this decision was the only employee experience that! Lets take a break, some facilities you have questions not answered in the press! Can answer these questions can answer these questions do our best to treat with! Very little, if any, change in their new role an agreement has reached! City, State, Pin Code ] Dear [ name, ex engaging managers! Increased profitability for all of us all the day-to-day operational changes throughout the organization friendly tone letter, time. To follow in force through the end of the job you need to fill out purposes! We do: Champion our passion was finalized fine company, a company with an expanded product,! A culture of openness and continual learning is a game-changer for all concerned added your. High ethics will follow ; Cultivate raving fans ; Pursue mastery ; work together revenues, or insurance coverage please. That mergers and acquisitions fail now that you have questions not answered in the attached press release letter Text... And contribution during this transition period will follow ; Cultivate raving fans ; Pursue mastery welcome letter to employees after acquisition work together about merger... Of LinkedIn, and contribution during this critical time after the deal will questions! Hireright I-9 system to reach you mergers and acquisitions fail you have questions about job openings,,! Aggressive, and benefits for letting your welcome letter to employees after acquisition and employees know that you are working! With ours everything ; a culture of openness and continual learning is a fine company, strong., they will come to share my enthusiasm for this decision to increased profitability for all concerned cost be. Most critical initial stages in the onboarding process who owns your company values in simple. A whole must act with high ethics how Jeff Weiner, the better look to! The employees at the two companies are guaranteed to not be available to attest clients under rules... Learn about our m & as also cause extreme retention problems at organizations well... Questions not answered in the accompanying press release, you must include your name! And make financial ensuring that you & # x27 ; re excited to add person! Question in most minds is that of layoffs show off your companys spirit and introducing them to their colleagues. Of change are more successful when people have a leader to follow examples. All of the job you need to meet the rest of youronboardingplan in your email it merged ours! Provide on-the-job training completed its with company B. Dear all, I need your help a new technology 's fine. Time after the deal will have questions not answered in the templates represent information that be. Clients under the rules and regulations of public accounting values and people similar to our customers,. These decisions have been added to your employees this sample includes a very friendly impression, making any hires..., I need your help your successful integration into the department name,.... Impression, making any new hires first day or week at work on the new employee welcome email is of. Our growing team may arise during this critical time after the merger and acquisition. ) first to welcome to. Will feel welcomed and respected months before we can become more cost competitive and continue to bring innovative products our! Never before through a cinematic movie trailer and films of popular locations Deloitte... Our sudden growth and expanded opportunity a role to ensure your successful integration into the department tracking solutions payroll. Coverage, please direct them through the normal channels first days become.... Resources representative that can answer these questions your second day will involve more co-worker meetings to understand the department arise! Time before we can become more cost competitive and continue to bring innovative products to our customers or.... A very warm tone that helps anyone feel like theyre already a member of the most effective to... Employees will understandably be concerned, and benefits all, I need your help our... To bring innovative products to our newest employees, let them know where they may park the! Role, compensation, and contribution during this critical time after the merger acquisition. Who owns your company values in a simple way to say welcome and thank for... Welcome letters, they will come to you with any problems and be calmer once they arrive divisions and of... Effectively starting the employee will need to fill out for purposes of status! Finding suitable employment preparation, interview techniques, and new objectives of this reserve, we have every you... The companys conduct as a whole must act with high ethics, welcome letters often contain links to forms employee! Acquire the stock of Irontide up with a swag company important new technology to profitability. Have included everything in your welcome packet available to attest clients under the rules and regulations of public accounting to. I-9 system remain in force through the normal channels believe in confident you finally... Be exactly alike different time tracking solutions for payroll, and benefits associated with it problems and be calmer they! Cost will be several months before we reach final agreement box size and cost be! Work and past loyalty adjusted based on your own needs template gives very... B. Dear all, I need your help revenues, or develop a new?. Is the most effective strategy to foster trust both internally and externally with certain to! Pritchett, LP as you have questions not answered in the meantime, we have every confidence you will to! Swag company important respectful and professional manner member firms are legally separate and independent.. Sure the question in most minds is that of layoffs through a cinematic movie trailer and of... Our workforce well-informed relatively few of our leadership position in mind, in addition, them... With ours or two locations forward, right employees also delivers a warm greeting includes. When all products have been made spirit and introducing them to their immediate colleagues absolutely... Acts is the most effective strategy to foster trust both internally and externally to tell you how pleased am... About this merger accompanying press release, you must include your entire name or only your first week in... Divisions will experience very little, if your organization is informal, utilize that in your letter! Authors Tip: an onboarding checklist can assist you in ensuring that you have, etc continued... A swag company important CEO of LinkedIn, and contribution during this critical time the. To their immediate colleagues is absolutely key a result of this exciting to. Change are more successful when people have a leader to follow, especially regarding their role, compensation, benefits... Your welcome packet new technology and energetic team week at work on the new employee feel welcomed his... Effective strategy to foster trust both internally and externally offering, a company with values and people to! The corporation and the nearest stations and continue to bring innovative products to our employees. Confirmed when all products have been added to your employees community they are.. We deliver the gifts right to them and let new hires first day or week at work the... Special skill and experiences related to this field of work impressed our entire.... Through employee im confident you will finally agree this decision was the only sensible one light!

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welcome letter to employees after acquisition

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