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Old 4th January 2008, 10:24   #246 (permalink)
Steeroid
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Quote:
Originally Posted by Thad E Ginathom View Post
OK, my knowledge of big business is limited, and correct me if needbe, but now will come, quite apart from more negotiations, stuff called Due Diligence, which is where they get to see stuff like accounts that would not have been made available up to know.
Due Diligence happens before the bids are put in - it is after due diligence that the buyers decide how much they think the business is worth.
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