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A target company's LTM EBITDA is $2538 million and its LTM Sales are $14 billion. Its closest comparable company, has an EV/EBITDA multiple of 16x.
A target company's LTM EBITDA is $2538 million and its LTM Sales are $14 billion. Its closest comparable company, has an EV/EBITDA multiple of 16x. Using this information, in millions, what is the target's implied EV? Note: do not write the word millions or use the $ sign in your answer
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