Summary | High stock valuations and strategic buyers bidding up
prices helped prompt buyout firms to pay on average more than
10 times target companies' earnings before interest, taxes,
depreciation and amortization so far this year, the highest
level in about 20 years.
prices helped prompt buyout firms to pay on average more than
10 times target companies' earnings before interest, taxes,
depreciation and amortization so far this year, the highest
level in about 20 years.
blogs.wsj.com | 03 August 2015