CNW 0.00% 6.1¢ cirrus networks holdings limited

Ann: Sale of ITS business, page-111

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  1. 299 Posts.
    I would show caution too if I didn't do any research into it. But I did, hence no caution.

    What happens if an acquisition of an IT Services co by a big corporate telco becomes an unloved non-core asset? It starts to wither and die a slow death.

    What happens when a small upstart then repurchases the asset once controlled by the directors of said upstart for 1/30th of original sale price, with every intention of bringing it back to it's glory days, and more than doubles revenue (and potential client base)? Insert here
    Last edited by chowbang: 04/12/15
 
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