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BeeCreative Inc is being taken private through an LBO. Currently it is all- equity financed and before the announcement of the takeover its market
BeeCreative Inc is being taken private through an LBO. Currently it is all- equity financed and before the announcement of the takeover its market capitalization was $100M. KKRR, the private equity firm, offered shareholders of BeeCreative a 15% acquisition premium. KKRR plans to finance 85% of the purchase by issuing debt. BeeCreative pays 21% of its profits in taxes. What is the return that KKRR could get from this investment, assuming no other costs? [enter the answer in % with two digital points precision].
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To calculate the return that KKRR could get from this investment we need to consider the acquisition ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
