RE:Now we knowSeems to me , waiting on the sidelines , that the price for Periscope is pretty high. The purchase price is approximately $259.9 million, on a cash-free debt-free basis, subject to customary closing and post-closing adjustments (the “Purchase Price”).
Also a little confused by that debt free basis when they drew $50.2 million draw on amended and upsized revolving and term credit facilities
Compelling Combined Financial Profile Positioned for Enhanced Growth
- Revenues of $84.7M for mdf commerce increase by 36.6% to combined revenues of $115.7M 2 , with Strategic Sourcing platform accounting for over half 3 of total combined revenues
I don't feel particluarly compelled , with a $259.9 million purchase to digest ,to buy shares in what is a $226 million market cap company ( size until the the purchase closes) until I see what the resulting company can do in a year or so .
JMHO