Two former advisers have raised funds and are looking to buy a business and are looking to lead. After eight months of looking at offers, they only have a Memorandum of Understanding to buy the second-largest book retailer in Canada in a turnaround situation. You must now decide whether to go through with the deal, and if so, how to raise the necessary funding.

Two former advisers have raised funds and are looking to buy a business and are looking to lead. After eight months of looking at offers, they only have a Memorandum of Understanding to buy the second-largest book retailer in Canada in a turnaround situation. You must now decide whether to go through with the deal, and if so, how to raise the necessary funding.
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from
William A. Sahlman,
Andrew Janower
Source: Harvard Business School
30 pages.
Publication Date: Jun 20, 1996. Prod #: 396067-PDF-ENG
Pathfinder Capital HBR case solution