IALEI, IAAPA BOARDS vote to support merger
Following an extensive due diligence review process, the merger has been approved by the IALEI and IAAPA boards contingent on the resolution of several contractual matters.
The IAAPA and IALEI transition teams are now working to finalise the details of the contingent items for the merger, and on July 15 ballots and information packets containing specific details of the combination proposal will be distributed to all IALEI members so they can vote on the final agreement.
"Legal counsel for both IALEI and IAAPA have been very involved in the process and have completed thorough due diligence reviews," said IAAPA president and CEO Charles Bray. "With the support of both boards, we now look forward to the vote by IALEI members."