Make It or Break It?Given the tightness in the global credit markets, I wonder if the financing model remains intact.
I suspect buyer financing may now be at risk.
It remains to be seen if spreads on other debt options are currently viable to the business model.
If credit is more difficult to attain, private equity will likely reflect this in their decision to go ahead with the LBO.
Meanwhile keep the Gravol at hand, as the next 8 weeks will be rocky at the very least.
Sorry for those who think it's a done deal.
If it was, the stock would be trading north of $41.00.
What say you?