3 ms·
> I also doubt there are a lot of deals where a previously profitable company is unprofitable after the deal. Perhaps - but the fact that a trick has become w
by Beldin 3y ago
> I also doubt there are a lot of deals where a previously profitable company is unprofitable after the deal.
Perhaps - but the fact that a trick has become well-known where companies are acquired only to be burdened with debt from the acquisition is rather telling. And that is not helping profitability.
As someone who's less into business / financial news than eg. curling news, I know of a ridiculous amount of companies where this happened. So I really do not doubt this is a common strategy.