The data room
The data room has long been a rite of the corporate merger, caffeine-fueled tours of duty where a suitor's team of experts assembled to paw through boxes brimming with confidential documents that held the financial secrets of a prospective acquisition. The process could stretch on for days or weeks. Now, there's an online alternative.
In the world of mergers and acquisitions, the data room has long been a necessary nuisance of the due diligence process. (Full article: 1305 words)
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