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Warren Buffett’s solution to M&A decisions: turn boardrooms into courtrooms

Bankers and advisers insist they often advise their clients not to do potentially value-destroying deals — in reality, they hardly do

Warren Buffett, CEO of Berkshire Hathaway
Warren Buffett, CEO of Berkshire Hathaway Photo: Getty Images

Try telling a CEO that their planned blockbuster deal is a busted flush.

It’s one of the hardest jobs on Wall Street.

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