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Ann: Acquisition of Morsco and Capital Raising Presentation, page-21

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  1. 1,782 Posts.
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    I wonder, as part of due diligence, if they went back into the accounts in 2011 and 2012 to see what took place immediately after PE bought the business?

    Sometimes the PE funny business starts immediately after acquisition and gets 'hidden' by holding onto the business for a few years before sale.
 
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