this post was submitted on 15 Nov 2023
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[โ€“] [email protected] 1 points 10 months ago (1 children)

Isn't due diligence usually done in advance of a buy? Seems kind of reckless.

[โ€“] [email protected] 1 points 10 months ago

Generally yes, but this sale was fast tracked, so it wasn't completely done and they kept 100m from the sale amount, anticipating these fines because of poorly kept books.