>>
My Company has been going through some acquisitions in recent months. The 
legal department is in charge of handling the closing documents and 
diligence materials. Previously we've been practicing a 10 year retention 
but an ongoing debate is now surfacing to keep those records permanently. 
I'd like to hear how other Records Managers handle M&A documents. 
Please advise. 
<<

Well, I won't advise, but I will point out - that it is likely that the 
acquisition is accomplished through an acquisition agreement - a contract. 
And the agreement and certain of the supporting documents may be 
considered to be kept for the life of the contract, plus (x). So you might 
determine what, exactly,  the "Life of the Contract" is. And base your 
retention on that.

Just to repeat: that's not advice, mind you. Just an observation.

Gary Link
Pittsburgh, PA
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