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Businesses that perform structured turnarounds within six months of acquisition are 3x more likely to sustain profitability than those that delay action.
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While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties.
Category: Consulting