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Financial Diligence in M&A

M&A Science

00:00

The Quality of Earnings

There is no standard that says this is the right earnings, because we are looking at the economic earnings. And hence, we go back and forth in negotiation. It depends on whether it's a buyer market or a seller market. When it's buyer market, we have the upper hand. We try to push it as much as possible to our quality earnings.

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