[2]According to the terms of the transaction, McLean (McLean) borrowed $42 million and raised additional funds to raise $7 million by issuing priority shares. After the transaction was completed, Waterman used $20 million in cash and assets to repay the $20 million in loan debt. [3] Lewis Cullman acquired Orkin Exterminate Company in 1964 as […]
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Features Not cited in this sectionAny source. Please help improve this section by adding references to reliable sources. Passive materials may be questioned and deleted. (June 2020 )(Understand how and when to delete this template message ) Leverage acquisitions become attractive because they usually represent a win-win situation for financial sponsors and banks: financial Initiators […]