4 ms·
You can take on debt to buyout another company
by likeabbas 8y ago
You can take on debt to buyout another company
- dawhizkid 8y agoI doubt Uber is taking a loan to buy them. Probably mostly shares of Uber with some % in cash.
- emilsedgh 8y agoThe article mentioned $1.4B in cash.
- deleted 8y ago[deleted]
- mbesto 8y agoCash in this sense means they're not giving away equity of Uber's cap table as means to finance the acquisition. Where the cash comes from is a different story. As the parent comment suggested, this "cash" is likely levered with outside capital.