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I Take It Back!When a merger goes awry and you want to buy your company back, there are plenty of ways to do it.

ByDavid Worrell

Opinions expressed by Entrepreneur contributors are their own.

Today, Richard Warner's Web design business,What's Up Interactive, is a phoenix rising from the ashes. Burned by a disastrous merger, Atlanta-based What's Up was nearly destroyed.

In early 2000, at the height of Internet mania, Warner, now 47, was living the dream. His $2 million, 20-person firm had outgrown his basement (and his bedroom, kitchen and den), and he had buyout offers from three different companies. He chose carefully, then struck a deal with a Nasdaq-listed media conglomerate.

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