Reply to post: Re: Auditors?

Here's what Lynch, Hussain and HPE are saying about Autonomy pre-buyout due diligence

The Nazz Silver badge

Re: Auditors?

re "didn't flag up anything"

Unbelievable.

Top four globalised auditing group : "This here Autonomy business, from it's published accounts, and capitalisation is worth around $500m to $900m**. And you're paying how much?"

Buyer : Oh, just the small matter of $11b.

If that doesn't flag up anything then all is lost.

** purely made up by myself, have no knowledge of any actual figures. For illustrative purposes only.

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