EFTA00287298Dataset 9
5p2,696w
…years, the Company was largely controlled by private equity and went through a number of mergers and acquisitions contributing to the substantial consolidation of the industry. In the most recent iteration, the Company merged/acquired Altivity Packaging from TPG in July 2007. While the merged entity would have a dominant market position and would have very steady and predictable cash flows, Graphic clearly "overpaid" and left the remaining entity with a Debt to EBITDA ratio close to 7 times. So…
https://www.justice.gov/epstein/files/DataSet%209/EFTA00287298.pdf