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Re: acgood post# 146854

Thursday, 08/09/2012 11:40:55 PM

Thursday, August 09, 2012 11:40:55 PM

Post# of 257266

easy, PPHM can just take on 1.5b in new debt!

That alone won't do it as EV = market cap + debt - cash in its most basic definition. So, there would be a wash in the debt and cash. It would take a large debt issuance plus PPHM blowing through the cash and not also retiring the debt to accomplish the large EV I think.

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