Bad News: You Have to Grow to Pay Your Debt
Martinka Consulting
JULY 6, 2015
Banks have ratios, guidelines, and regulators. Sears was in the headlines because they are running out of cash as their turnaround is failing. The bottom line is, if like Suntory, you have to significantly grow the company to cover your debt, well, you paid too much. So who lends on deals like this? Nobody in my market!
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