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Friday, 16 May 2008
 
 

All Transactions Are Ad Hoc in Private Capital-Company Transactions!

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All Transactions Are Ad Hoc in Private Capital-Company Transactions!

While it is tempting, the application of public capital market practices, those one sees reported in the Wall Street Journal (WSJ), is the same as believing that a comparison between an apple and an orange is not a logical fallacy. Each middle market privately held company that successfully manages to maximize their asset value and sell to a substantive buyer has created an individually attractive market opportunity for that buyer.
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