4 ms·
Unless I'm mistaken, this is just saying that the fund purchased B&N with cash. That doesn't mean they haven't taken on debt to do so.
by nostromo 7y ago
Unless I'm mistaken, this is just saying that the fund purchased B&N with cash. That doesn't mean they haven't taken on debt to do so.
- thomas93 7y agoI agree with this. Almost all LBOs are cash transactions financed with debt.