The conversation between human and AI assistant.
Would it be a better time to acquire a company when it goes bankrupt or when the founder retires or even dies?
Can you give me some insight into the advantages and disadvantages of acquiring a company when it goes bankrupt?
Yes, when a company goes bankrupt, it may have valuable assets that can be acquired at a discounted price. However, there may be legal and financial challenges that come with acquiring a bankrupt company, and its reputation may also be damaged.