2 ms·
Lose money != destroy value. If you bought something that earned $1 million/year, and the next year it earned $900K, your acquisition may have destroyed $100K i
by byrneseyeview 18y ago
Lose money != destroy value. If you bought something that earned $1 million/year, and the next year it earned $900K, your acquisition may have destroyed $100K in value -- but it's still making nine times that.
- apsec112 18y agoI said that the acquisition loses money, not the company itself. In your example, the acquisition loses $100K, even though the company still makes $900K.