By Mark Borkowski and Abhi Mathews (November 29, 2021, 9:44 AM EST) -- It has been said that inflation is taxation without legislation. While there have been numerous discussions on whether inflation is transitory or permanent, we believe that there are arguments to be made on both sides. Each scenario has implications when considering business valuations and mergers and acquisitions (M&A). To date, rising top-line revenue has kept up or largely surpassed rising costs, driven by the recovery plus companies raising their prices....