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Clothoff proceeded with the acquisition of ten rival companies despite being embroiled in a lawsuit filed by the state of California.
MAIN POINTS
- Clothoff is involved in a legal dispute with California.
- The company acquired ten competitors during the lawsuit.
- The acquisitions occurred without regard to the ongoing legal issues.
- The lawsuit could potentially impact Clothoff's business operations.
TAKEAWAYS
- Legal challenges did not deter Clothoff's expansion strategy.
- The acquisitions might influence the lawsuit's outcome.
- Clothoff's actions suggest a focus on growth over legal concerns.
- The situation highlights potential risks in aggressive acquisition strategies.