5 ms·
While I do feel for Dragon Systems and James Baker, I agree with the finer line toed by Matt Levine's article here: http://dealbreaker.com/2013/01/dragon-system
by smenyp 11y ago
While I do feel for Dragon Systems and James Baker, I agree with the finer line toed by Matt Levine's article here: http://dealbreaker.com/2013/01/dragon-systems-shareholders-cant-see-the-bright-side-in-extremely-successful-ma-transaction-that-wiped-out-their-lifes-savings/ http://dealbreaker.com/2013/01/dragon-systems-shareholders-c...:
"Why would you hire an investment bank to advise you on an M&A deal? It’s sort of an uncomfortable question."
This reminds me about Warren Buffet saying that asking an investment bank about M&A advice is like asking a barber if you need a haircut.