Hello Fellow Students:
Conducting due diligence is various areas of a business is critical. Although financially, a target company may be appealing, however, from a culture perspective, an acquisition may not be a good fit. Another area of due diligence that I believe is also important to vet is a company’s trade (import/export) practices due to successor liability risk. Thus, getting key stakeholders from various key areas, including trade, should be part of a company’s initiative prior to making an offer for acquisition. Too many times, departments scramble after an acquisition announcement to obtain key information and uncover risk, which should have been known prior to finalizing an acquisition.
Thoughts on this – agree/disagree? Other areas of a business that were not touched upon in this particular course?