You know a company's totally botched an acquisition when it ends up selling it back to its founders in four short years.
Adding insult to injury for the shareholders of bombed-out listed internet company Arq Group: their (acting) CEO not only shared in those proceeds as a founder of that business, he’s now sold it – and more – back to himself.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
