Under confidentiality until official announcement, what should Walter tell his employees about the merger?

• A. He should share some details to help planning.
• B. He can tell them everything he knows.
• C. He should announce the merger beyond policy.
• D. He should not disclose any details to employees until official announcement.

Answer: (D)

Maintaining confidentiality until the official announcement is essential to protect the merger process and prevent leaks or confusion. Details about the merger are sensitive, and sharing information prematurely can undermine negotiations, mislead employees, and affect stockholder and market reactions. So Walter should tell his employees that he cannot discuss the merger or share any details at this time due to confidentiality, and that no specifics should be disclosed until the public announcement. He can guide them to wait for official communications and reiterate that only approved channels will provide information when allowed. This approach keeps messaging consistent and supports the integrity of the process.