I really can't believe how often these giant corporations throw hundreds of millions of dollars at companies they then shelve or sell at a loss just a few years later.
Perhaps I'll rephrase: they use the accounting voodoo as an excuse to buy stuff they have no business acquiring, as their MBA textbooks told them about capex and operational leverage.
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[ 5.3 ms ] story [ 21.4 ms ] thread(sorry, couldn't resist. That typo just reads like lolcat to me)