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Expert Advice on How To Sell Your Middle-Market Company
M&A Talk (Mergers & Acquisitions), by Morgan & Westfield
Adjustments to EBITDA
The adjustments can be made to the financial statements when you're calculating EBITDA. One of the big ones could be, as I mentioned earlier, adjustments to the owner's compensation. A severance check or maybe there was some sort of lawsuit settlement that could be a legitimate ad back. We've seen situations where they were running personal expenses through the business.
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