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A comment on CenturyLink to Buy Level 3 for $34B. Parent comment

Re:CenturyLink to Buy Level 3 for $34B by dkrich on Monday October 31, 2016 @09:26PM (#12842638)
Ha and how'd that work for them? According to the Wikipedia entry, "within a year HP had written off $8.8 billion of the value."

Thanks for helping me make my point.

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Re:CenturyLink to Buy Level 3 for $34B by kgwgk on Tuesday November 01, 2016 @03:12AM (#12843948)
You're welcome. Just to be clear, I agree that paying too much when making acquisitions is not a good business model. But goodwill is not the reason for overpaying, or an excuse for overpaying. Goodwill is the consequence of overpaying.
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