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Protecting yourself: Due diligence in mergers and acquisitions
Author(s) -
Conway A. Carr,
Rouse Robert W.
Publication year - 2001
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.1219
Subject(s) - due diligence , diligence , mergers and acquisitions , business , accounting , management , finance , economics , psychology , social psychology
PublicComp spent a lot of money to acquire another company. It seemed well worth it, based on financialreports. But a few weeks later, the CEO learned about some unusual journal entries on the acquired company'sbooks—and some troubling letters from customers. How could this have been prevented? ©2002 John Wiley & Sons, Inc.