in early may 2008,W.B."bill" flinder, president of flinder valaes and controls Inc.(FVC)and tom eliot,chairman and chief executive officer of RSE international corporation (RSE), were planing to negotiate a possible acquisition of FVC by RSE serious discussions for combining the two companies had started in march of that year, follwing casual conversations that dated back to late 2007.those initial talks focused on the broad motives for each side to do a deal,and on the management issues,including compensation,in the new firm what still remained was to negotiate a final term sheet on which the definitive agreement would be drafted and signed.