BUILD A MOAT
“Our syndication network is a competitive advantage today, but it can become a true competitive moat in the future.”
The merger would “deepen [the buyer’s] protective moat.”
Buyer’s Due Diligence Memo U.S. v. Bazaarvoice, Inc., Complaint, at 19 (Jan. 10, 2013)
U.S. v. Bazaarvoice, Inc., DOJ Opening Statement, at 26 (Sept. 23, 2013)
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