Quote:
Originally Posted by legion
BTW, I was a finance major in college and have been tracking M&As since the mid 2000's.
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Off topic. I was an accounting major and auditor. In Caracas doing an audit of my company's outsourced accounting service. Assistant Controller, finance guy, walks me down to a market where I buy fake Mickey Mouse watches for my kids.
All the way he is talking about funding tranches of deals. I am thinking, WTF is a tranche? I just kept my mouth shut.