Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Decision Diagnostics Corp DECN
(Total Views: 383)
Posted On: 06/14/2018 11:19:00 AM
Post# of 11803
Posted By: zeynoc
Re: nonsequetor #5192
They sold a business which is making $450-600mn EBITDA for $2.1bn. Even if you take the lower EBITDA, this is a 5x EBITDA multiple which is significantly less than where J&J trades at. They simply cut their arm and got out of this declining business for them. From Platinum perspective, it is good that they managed to secure 1.75bn drawn financing and little (350mn) equity contribution at the end. They will look ways to increase efficiencies by getting rid of the fat, trying to acquire new technologies and being more competitive overall.













(2)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site