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Even a painting monkey

16 November 2006 By Robert Cyran

Reader s Digest may be the most boring company on the planet with revenues as flat and steady as the Great Plains. But that’s a classic LBO profile. What’s amazing is that this was overlooked while far riskier assets were gobbled up. Reader s Digest may be the most unexciting company on the planet with revenues as flat and steady as the Great Plains. But that’s a classic LBO profile. What’s amazing is that this was overlooked while far riskier assets have been gobbled up.

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