It's common practice that a company target for acquisition is noted that it could be made more profitable with a different management team. People in the real world often fear their company's being bought out for good reason because it often leads to layoffs as duplicate jobs are eliminated and inefficient management axed. Seems like PAKIT had a nice little $6 million a year business going for many years but had ancient equipment, way too much staff, and no plans for expansion into infomercials and retail. So they were acquired and immediately the restructuring began to turn PAKIT hopefully into a powerhouse and unlock its real potential.
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