Can you trust business broker DD?

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  • #36084
    Kash Reid

    In acquisitions, the target company may often have business brokers or (agents) who are selling the company on their behalf. Given the extreme variance in requirements to become a business broker across the world in terms of: qualifications, skillsets, monitoring etc. As an acquirer, to what extent do you trust figures that are provided by a business broker who claims that they have conducted thorough DD on their client?

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