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cstreit cstreit is online now
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Join Date: Feb 2000
Location: Naperville, IL USA
Posts: 14,984
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Quote:
Originally Posted by Instrument 41 View Post
what they are doing is putting lipstick on a friggin pig to make things look attractive for a new buyer. They go around buying 3 legged dog companies so it can raise that EBIDA number. Easier to buy weak companies and pull their numbers in to make the entire thing look enticing.
I've seen this play out several times. Creative math to prep for the metrics buyers want to see. Gotta sell fast though as this tends to burn down quick.
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Old 05-03-2023, 05:51 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #26 (permalink)