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Takeover Rumours

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If it was me I'd be looking at what I was buying for £40m before I bothered starting due diligence. What's point of doing due diligence then looking at it and deciding it's not what you expected.
Scrooge ;) .................Ellis paid up and look what happened.......oh! :eek:
 
Due diligence is essential to help you decide whether to proceed with the sale or attempt to renegotiate the purchase price. knowledge of the operation of the business. In addition, the books and records of businesses in administration are often incomplete. details of any ongoing or threatened employee litigation.
 
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