Quote:
Originally Posted by jyl
Looks like First Data's quarterly revenue is $2.7BN. The company's operating margin is less than 8% and with the high interest expense, it lost money. $23BN of debt, not a good thing. Thanks to the financial wizards of private equity.
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what was the company's interest expense prior to being taken over?
Is the equity firm allocating interest expenses to this unit to make other units look more profitable?