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May 23, 2014

“Due Diligence,” Defined

Doing Your Homework Before You Buy What’s “due diligence?” It depends on what you’re buying. If it’s a dozen eggs . . . it’s checking to see that none are cracked.  If it’s a multi-billion dollar corporation, it consists of poring over the company’s books, auditing its cash and accounts receivable, scrutinizing the company’s intellectual...
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