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Investors now focused on "quality of earnings" are raising questions about whether accounting gimmicks have allowed serial acquirers like Tyco International Ltd. to inflate their earnings. "The growth-by-acquisition game is over," says Sam Rovit, head of Bain & Co.'s merger integration practice. "Many of these companies are going through detox right now."

The main idea of the paragraph

Investors interested in “quality of earnings” are asking questions about whether accounting practices have allowed acquirers to exaggerate their earnings.

对收益质量感兴趣的投资者就会计作帐的做法是否纵容并购公司夸大其收益提出质疑。

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