Daily English 632 - Negotiating a Business Deal

Complete Lesson

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Dialogue/Story

Slow Speed begins at: 1:19
Explanation begins at: 2:50
Normal Speed begins at: 15:29

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Gia: Why are the negotiations on this deal taking so long? I thought we would be putting the finishing touches on it by now.

Logan: The other side is holding out for more concessions. I don’t know what they’re thinking. They made some pretty big demands at the start and I think we’ve given in to most of them. Now they’re countering with even more demands.

Gia: They probably know that they have us over a barrel. After all of the time and money we’ve put into this deal, they know that we don’t want to walk away.

Logan: That’s true and that’s why we’re still at the table, but they may be pushing too hard. In the end, I don’t think we’ll cave on those additional concessions.

Gia: So the entire thing is touch-and-go right now?

Logan: That’s how I would characterize it. If I were you, I wouldn’t make any long-term plans.

Gia: Duly noted. I won’t run out and buy that new house and those three new cars.

Category: Business