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No, unless any control transaction using any leverage counts. A third of the deal is financed with debt. A fifth is financed with cash. The bulk—fifty percent—
by JumpCrisscross 6mo ago
No, unless any control transaction using any leverage counts.
A third of the deal is financed with debt. A fifth is financed with cash. The bulk—fifty percent—is being financed with equity. An LBO would see debt and a thin tranche of cash finance the bulk of the acquisition.