Enterprise & Equity Value
In a 'cash-free, debt-free' transaction, what does the seller keep, and how does that reconcile to the EV bridge?
Model answer
In a cash-free, debt-free (CFDF) deal, the parties agree a purchase price on an enterprise value basis; the seller keeps the company's cash and is responsible for paying off its debt at close (the…
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More from Enterprise & Equity Value
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