Too leveraged for LBO analysis ? is that a thing?
When valuing a company, is the target ever just too leveraged up for LBO analysis? do you just drop that approach in valuation? is an explanation like: "no capacity" good enough?
When valuing a company, is the target ever just too leveraged up for LBO analysis? do you just drop that approach in valuation? is an explanation like: "no capacity" good enough?
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Is not uncommon in companies were the balance sheet drives the income statement, banks, mortgage REITs, aircraft leasing, etc.
Yeah, also think 'sick pick' takeover avoidance strategy.
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