Due Diligence and Ice Hockey – What the Puck?
You might ask what ice hockey has in common with corporate finance and due diligence? Both are competitive, are conducted at speed, prone to collisions, injuries, and very risky. The ice on the rink is solid although the terrain of due diligence is uncertain, and failure can break businesses and even end careers! Some 85% of mergers and acquisitions fail to increase shareholder value – so the plays and moves are critical.