Question
A company with $100.0 million of debt was purchased for $900.0 million by maximizing debt capacity at 6.3x EBITDA. The financial buyer funded the transaction
A company with $100.0 million of debt was purchased for $900.0 million by maximizing debt capacity at 6.3x EBITDA. The financial buyer funded the transaction using $270.0 million of equity. What was the companys EBITDA at the time of purchase?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
