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The acquirer issues new shares and gives them to the acquiree's shareholders in exchange for their stake. In this case, the acquirer also buys out the acquiree
by anton_tarasenko 10y ago
The acquirer issues new shares and gives them to the acquiree's shareholders in exchange for their stake.
In this case, the acquirer also buys out the acquiree's debt. This part of the deal is funded by a loan from Bank of America and Morgan Stanley.