RE:The elephant in the room think the real elephant is the fact that they generated under $ 1 million of adjusted ebitda from Rubicon in the first half of the year......................................... it will be hard to pay back the $70 million if rubicon isn't generting ebitda.
the gross profit frm rubicon was only 10% or so........... it only distributed and had basically no plant and equipment so i can't believe it was kicking out a gross profit in the 20% range .................... nonetheless i would like to see what GP they had peggd in the deal.