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$EXP intends to finance the deal through a combination of cash on hand and borrowings under its existing bank credit facility. After the close and financing of the transaction, $EXP is expected to have a net debt to EBITDA ratio of no more than 2.0x. Goldman, Sachs & Co. is acting as exclusive financial advisor to $EXP on this transaction.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.