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In Borland - Ashton acquisition, Ashton has lower multiples than its comparable companies. Based on the acquisition performance, which one of the following is true?
In BorlandAshton acquisition, Ashton has lower multiples than its comparable companies. Based on the acquisition performance, which one of the following is true?
Ashton is a high quality & undervalued firm, which represents a buying opportunity
Ashton is a high quality & overvalued firm, which represents a selling opportunity
Ashton might have intrinsic shortcomings that justify a lower multiple
None of the above
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