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SDI's owner has indicated that he is willing to sell his shares for an amount determined by applying the industry standard multiplier of 3 to

SDI's owner has indicated that he is willing to sell his shares for an amount determined by applying the industry standard multiplier of 3 to normalized average earnings before interest, taxes, depreciation, and amortization (EBITDA). I am confused as to what I do with eh EDITDA and multiplier. What piece of finance am I supposed to calculate here?

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