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Watermill Ventures Suggested Questions 1.

What is your assessment of Watermills -criteria for identifying acquisition candidates -Screening and selection process - strategy development process 2. What is your assessment of the Gulf States Steel acquisition? 3. What does Steve Karol mean by professional entrepreneurship? What are its strengths and weaknesses? 4. Should Steve Karol be worried about the small number of completed deals? If so, how should he respond? What role (if any) should the companys website play in the process?

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