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Chapter 36: The Company That Wouldn't Die

9 min read · 1,944 words

The board's outside audit of Ashford Meridian's position took six weeks and concluded, in language so carefully neutral it managed to satisfy absolutely no one, that while the acquisition structure had been legal in every technical particular, the board would be recommending a formal disclosure policy revision and, more immediately, exploring options to reduce the company's exposure to any single...

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