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Spurs
To be fair - I only ever 'red flagged' an acquistion once...
1) Firm was in Liquidation
2) ONE Director wanted to buy the firm out of Liquidation and sell it to us
3) There was some major complaints/liabilities ongoing IIRC
Alot of it could have been resolved - but the unresolvable worry was the other Directors would have their clients follow them in different directions. The One Director we was meeting with didn't see it as an issue :)
... and the powers that be queried WHY we had still travelled to Shrewsbury if we knew what the issues was (i.e. it was very much a wasted trip for the 4 of us ), not the outcome - i.e. they accepted my report that it was a very bad apple and we wanted nothing to do with it and the deal wasn't done.
