Re:iHeartRadio owner files for bankruptcy
by whatok on Thursday March 15, 2018 @04:13PM
(#16596173)
No one pays for companies based on a multiple of their "net worth". No one is going to pay 3x of that "net worth" value and if they did, they probably wouldn't have to pay 10% interest in debt. Starting with such assumptions makes it very hard to place any faith in the rest of the example.
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Re:iHeartRadio owner files for bankruptcy
by dna_polymerase on Friday March 16, 2018 @03:55PM
(#16603566)
Of course they do. Just look at the stock market and the valuations in relation to Book Value.