When to walk away from deal

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      <subfield code="a">Deal making is glamorous; due diligence is not. That simple statement goes along way toward explaining why so many companies have made so many acquisitions that have produced so little value. Due diligence all too often becomes an exercise  in verifying the target's financial statements rather than conducting a fair analysis of the deal's strategic logic and the acquirer's ability to realize value from it. </subfield>
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