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