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Niklas Joensen

Can a business steeped in deficit be a valuable acquisition?

The vacation rental portal, SunnyRentals.com, was bought last year by their competitor Vacasol. The acquisition came after SunnyRentals has had a deficit for several years, but that does not mean the investment was bad. SunnyRentals, founded in 2009, has been acquired by Vacasol, which has facilitated online booking of vacation rentals throughout Europe. The Danish Vacation rental portal SunnyRentals.com had …

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