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March 2002
Public Companies and the Art of Valuation
by Boris E. Rapoport
In recent years the stock market has captured the popular imagination, and rightly so: More companies have gone public in the past decade and more wealth has been created (and sometimes dissipated) then ever before. The fortunes of public companies signal industry trends and give us insight into the strengths and weakness of their strategies, leading to a more comprehensive understanding of what truly drives business value. As the wine industry continues to grow, evolve and become more sophistic...
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