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Re: bar1080 post# 2840

Thursday, 11/07/2019 9:06:41 AM

Thursday, November 07, 2019 9:06:41 AM

Post# of 3158
OTOH: "A Walgreens Leveraged Buyout? Don’t Hold Your Breath."

"A growing number of skeptics are casting doubt on the financial case for taking Walgreens Boots Alliance private in a debt-financed buyout.

The drugstore chain (ticker: WBA) has reportedly hired a banker and met with private-equity firms about a leveraged buyout, which would be the biggest in history. The stock briefly gained as much as 7% after the initial reports on Tuesday.

It has erased all of those gains since then. Walgreens shares were down 2.7% in afternoon trading Wednesday, thanks to widespread skepticism about the feasibility of an LBO.

There are indeed major hurdles to the deal. The biggest of those is finding the money to finance it—that is, if Berkshire Hathaway ..."

https://www.barrons.com/articles/lbo-walgreens-boots-alliance-skeptics-doubts-costs-51573069034?

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