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It has been a year since the NASDAQ crash. Many of last year’s darlings, such as Kibu.com and Pets.com, have gone out of business; others, such as Priceline and Webvan, may be dead by the time you read this. Even long-standing companies, such as Cisco, that merely increased their profits as
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Companies that divest during downturns may actually miss the best opportunities for growth. A thoughtful acquisition strategy can sometimes be the surer bet.
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