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re: HP details how it was tricked into paying $11B for Autonomy by former execs

Posted on 9/6/14 at 8:58 am to
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 9/6/14 at 8:58 am to
quote:

“imaginary deals, accelerated revenues and misrepresentations”


You would think a company like HP could do better due diligence. It's not like this is the first time a tech company has done this during an acquisition.
Posted by ironsides
Nashville, TN
Member since May 2006
8153 posts
Posted on 9/6/14 at 10:59 am to
Yeah who the frick audited the books on these guys? This sounds like they didn't even use a qualified auditor never mind actual due dilligence
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