Want to join the conversation?
$MKSI said it plans to fund the transaction with a combination of available cash on hand and up to $800MM in committed debt financing. The combined company will maintain a very strong balance sheet, with combined pro forma net cash and investments on hand of about $425MM.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.