metageek.livejournal.com ([identity profile] metageek.livejournal.com) wrote in [personal profile] jducoeur 2009-01-09 06:47 pm (UTC)

Interesting twist

An interesting twist: the acquisition deal failed because the Maytas companies are owned by Raju's sons, and the deal overvalued them by about $1B—which is around the same amount that Satyam's books are exaggerated. Maybe the Rajus were trying to get the phony money off the books?

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