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A leveraged buyout is like a mortgage. When you get a mortgage for a house you have to prove income. When you buy a business using a loan you need to prove inco
by InclinedPlane 9y ago
A leveraged buyout is like a mortgage. When you get a mortgage for a house you have to prove income. When you buy a business using a loan you need to prove income from the business. $11 billion in revenue doesn't tell you much, what you need to know is net-revenue. That tells you how long it'll take to payoff the debt.