New Acquisition

You are the Vice President of a private investment firm.

Recently you acquired a software company for $5 Million and were able to turnaround within one year. Now you want to acquire another software company. You meet the owner and he too is interested to sell.

During next couple of weeks, you make him a offer, however the seller says it is too low. His asking price is $15 Million, which in your opinion is too high.

How do you plan to make a deal?

Photo adaptation/Flickr/foxypar4

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New Acquisition

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