Dan Charbonneau, president and owner of CBT Nuggets, Inc., didn’t found his Company in 1999 with the intention to sell it. Business was good. CBT’s extensive product line of video courses were sold and delivered by internet to customers worldwide and the Company was growing 15 to 20% each year. All of this success attracted the attention of larger firms on the prowl for strategic acquisitions. Dan retained SealedBid to respond to an unsolicited expression of interest from a national training company. That deal fell through by mutual agreement and was soon followed by a Fortune 500 media company offer. “We came very close to closing, but I was somewhat uncomfortable with the company and management. I chose not to continue,” said Charbonneau. With Jerry

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