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Someone who puts that kind of money down to buy a company is going to want to have a say in how it's run.

The second rule of buyouts is that everything will change in the second fiscal year. They won't tell you NOT to do something, they just won't give you any budget for it.

The first rule of buyouts is that the promises always come from someone who isn't in a position to back them up (like the old owner, or your boss's boss, who only have a single seat on the board between them).

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