Your English writing platform
Discover LudwigExact(10)
CVS almost certainly would not want to get even bigger and double-down on its bad acquisition.
However, there are lots of assets for sales including Saga, and potentially Mitie (bad acquisition at Mitie and lack of focus at Saga, now written down to zero).
"At the end of the day, we're saying we made a bad acquisition," Mr. Thompson said, referring to the Money Store.
They may be underpriced because they have stumbled -- by missing Wall Street's earnings estimates, for example, or by making a bad acquisition.
Some have allowed a bullying boss to talk them into a lavish pay award; others have nodded through a lack of strategy or a bad acquisition.
"The money [spent on a bad acquisition] hurts, but what's real painful is getting distracted from the business," Volpi says.
Similar(49)
Much of H.P.'s problem is a legacy of past successes, mixed with bad acquisitions.
"It wasn't just a couple of bad acquisitions," Mr. Paris, the Barrington analyst, said.
Of that, more than $51 billion came from writing off the costs of bad acquisitions and investments.
Its 2000 loss, which included $343 million in write-offs related to bad acquisitions and investments, totaled $1.4 billion.
Never in history has so much in intangible assets been wiped off balance sheets as companies were forced to acknowledge that they had made some very bad acquisitions.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com