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Sunday, June 22, 2014

Three perspectives on M&A value: what you pay, what you get, and what you give.

Warren Buffett is fond of quoting Ben Graham’s adage: price is what you pay; value is what you get.   Mr. Buffett is a renowned investor and acquirer of companies, but what does this adage mean when it comes to selling?  For the seller, price is what you get. What do you give? In M&A, […]