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Paul Miller
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3. Bigger is always better. Duh! “Some corporate board decides to buy up a bunch of direct marketing companies to achieve economies of scale and let its financial people run these companies,” Amtower said. “There’s a trend among many industries to do roll-ups and either devalue or kill the brand in the process. Some mergers and acquisitions activity makes sense. But other activity, especially the roll-up, doesn’t.”
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