_______________________________________________________PRIVATE EQUITY in .NET framework

Creating QR-Code in .NET framework _______________________________________________________PRIVATE EQUITY
110 _______________________________________________________PRIVATE EQUITY
QR Code 2d Barcode Recognizer In .NET
Using Barcode Control SDK for Visual Studio .NET Control to generate, create, read, scan barcode image in .NET framework applications.
also had an estimated value of $109 Cash of $108 was offered for any and all shares of preferred stock On November 30 the Committee also considered the feasibility of a leveraged recapitalization or a possible breakup Because such measures would not be expected to create more value to shareholders than $109, the ideas were abandoned The Committee's advisors discounted the PIK preferred stock of the Management Group's offer by approximately $2 per share and the convertible preferred stock by $150, resulting in a valuation of $10850 for the offer of the Management Group Likewise, KKR's PIK preferred was discounted resulting in a valuation of $10850 The Committee's advisors concluded that both offers were "substantially equivalent" After considering all relevant factors, by unanimous vote of the Committee, KKR's final bid was accepted The Management Group notified the Committee that their efforts, in conjunction with Shearson and Salomon Brothers, to buy out the company were terminated In January 1989 the Federal Trade Commission found no antitrust violations and approved the acquisition of the company by KKR The Delaware Chancery Court denied a motion by a shareholder group that the court enjoin the tender offer on grounds that the Committee and the board of directors had breached their fiduciary duty by accepting KKR's marginally lower bid (relative to the Management Group's bid) KKR's tender offer expired in February after KKR acquired 165,509,015 shares of common stock (approximately 74 percent of those unrestricted and outstanding shares before the tender offer) for $109 cash and 1,196,652 shares of preferred stock for $108 cash The total amount paid in cash was $18,169,700,000
Paint Quick Response Code In VS .NET
Using Barcode generator for VS .NET Control to generate, create QR Code image in Visual Studio .NET applications.
Structure of the Deal
QR Code Decoder In .NET
Using Barcode decoder for Visual Studio .NET Control to read, scan read, scan image in .NET applications.
Cash for 165,509,015 shares of common stock at $109 per share Cash for 1,196,652 shares of preferred stock at $108 per share
Painting Bar Code In .NET Framework
Using Barcode encoder for Visual Studio .NET Control to generate, create bar code image in Visual Studio .NET applications.
LBO of RJR Nabisco (1988) ______________________________________________ 111
Reading Barcode In Visual Studio .NET
Using Barcode scanner for .NET framework Control to read, scan read, scan image in Visual Studio .NET applications.
$109 x 165,509,015 shares $108 x 1,196,652 shares Total
Generate QR Code In C#.NET
Using Barcode generation for .NET framework Control to generate, create QR Code image in Visual Studio .NET applications.
$18,040,442,635 129,238,416 $18,169,681,051
Denso QR Bar Code Generation In .NET Framework
Using Barcode generator for ASP.NET Control to generate, create QR Code JIS X 0510 image in ASP.NET applications.
Each untendered share of common stock (shares in excess of 165,509,015 shares) received the following: Estimated Value 28030 shares of PIK preferred stock ($25 per share) Amount of senior convertible debentures $ 7008 $ 3892 $10900 The PIK preferred stock: Dividends paid "in kind" for first six years Initial floating dividend rate 147% Dividend rate to float 550 basis points over highest of: 1 3-month Treasury bill rate 2 10-year Treasury bond rate 3 30-year Treasury bond rate Dividend rate floor 12625%; ceiling 16625% Dividend rate reset to a fixed rate to trade at par at earlier of: 1 One year following refinancing of bridge loans or 2 Two years after tender offer closed Stock redeemable at any time after merger The senior convertible debentures May be converted to common stock at the end of four years Payment "in kind" or cash for 10 years, then cash distributions thereafter Interest rate reset to trade at par at earlier of: 1 One year following refinancing of bridge loans 2 Two years after tender offer closed
Quick Response Code Printer In VB.NET
Using Barcode drawer for VS .NET Control to generate, create QR image in Visual Studio .NET applications.
PRIVATE EQUITY
Bar Code Printer In Visual Studio .NET
Using Barcode generator for .NET framework Control to generate, create barcode image in .NET framework applications.
I Initial interest rate set at approximately 147% I Maturity in 20 years I Optional redemption by RJR at any time after fourth year The total capital needed to accomplish the cash component of the LBO is $18925 billion Purchase of common stock Purchase of preferred stock Fees and expense $18040 billion 129 756 $18925 billion
Generating GTIN - 13 In .NET Framework
Using Barcode encoder for .NET framework Control to generate, create EAN13 image in VS .NET applications.
The cash tender offer was financed by those shown in Table 111 The cash tender offer part of the acquisition was financed with 92 debt and 08 equity Of course, some of the equity may have been financed with debt In addition, there were the PIK preferred and the senior convertible debentures issued in exchange for the common stock not exchanged for cash The bank debt was refinanced shortly after the LBO with a bank bridge facility ($75 billion), senior convertible debentures ($23 billion), and preferred stock ($41 billion)
Draw Code 128B In .NET
Using Barcode creation for .NET framework Control to generate, create Code 128A image in .NET framework applications.
RM4SCC Generation In Visual Studio .NET
Using Barcode generation for .NET framework Control to generate, create British Royal Mail 4-State Customer Barcode image in .NET framework applications.
Barcode Creation In VB.NET
Using Barcode creator for .NET framework Control to generate, create bar code image in Visual Studio .NET applications.
Generating ECC200 In Visual Basic .NET
Using Barcode creation for .NET Control to generate, create ECC200 image in VS .NET applications.
Draw USS-128 In .NET Framework
Using Barcode generation for ASP.NET Control to generate, create EAN / UCC - 13 image in ASP.NET applications.
Barcode Creation In Java
Using Barcode creator for Java Control to generate, create barcode image in Java applications.