"On March 15, the company’s board declared a cash dividend of $7.40 a share, resulting in distributions of $772 million to shareholders, primarily Warburg Pincus. The company financed the dividend payout by borrowing $700 million under a new unsecured loan as well as $100 million under its revolving credit facility."
Reminds me of the scene where they burn down the restaurant after sucking every last inch of money out of it.
Crazy.
Reminds me of the scene where they burn down the restaurant after sucking every last inch of money out of it.
Crazy.