Interviewers ask this kind of question to surface how you think, not what you remember. The strongest answers are specific, calmly told, and end on what changed.
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Mid-diligence on a sell-side you're running, a junior flags that the buyer's team seems to be asking questions that track a rumored competing bid you were told nothing about — possibly signaling information leakage or a conflict on your own side. What do you do?
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