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Severe Value: Mittleman Brothers' Chris Mittleman looks back on two decades of value with Tobias Carlisle on the Acquirers Podcast

The Acquirers Podcast

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Nectar, You Know, I'm Not Going to Sue Over This.

Nectar sold a $50 million a year free cash flow generator, the largest loyalty program in the United Kingdom, for a net cash transfer to the buyer. "This is an atrocious deal," says former CEO and current CFO of Nectar. The company was going through a fire sale at the end of last year when Prince Charles intervened. He got his brother Phil on the board; they were able to salvage hundreds of millions of dollars.

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