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Post# of 730661
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SalesVP

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SalesVP

Re: dennyduper post# 440299

Saturday, 11/07/2015 10:25:12 AM

Saturday, November 07, 2015 10:25:12 AM

Post# of 730661
"doesn't mean they're" versus their.

Failed deals happen every day.

Spending 10 million in due diligence on a failed deal is a good indication of a couple things:

1. You're new at the game and clueless (KKR should be assisting the BOD more than they obviously are)
2. You don't have good awareness regarding who you are bidding against and your likelihood to win (this is rarely a secret)

All in my opinion of course.

There could be a really good profitable strategy in spending 10 million on failed bids. If so, I can't wait to learn the secret...lol
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