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Cubic bidding war highlights the value of certainty over price -- Washington Technology

Veritas Capital and its hedge fund partner offered more assurances than rival bidder By Ross Wilkers Apr 09, 2021 If we learned anything from the race to buy Cubic Corp., then it was how the defense and transportation company was not afraid to put the heat on both of its suitors when needed, but we also learned how deal structure and certainty can also be a deciding factor. From Cubicโ€™s standpoint, it worked out given how both bidders increased their offers at almost each turn in the competit...
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