Corey Spencer LIED about us not being financed by debt!!
https://www.bnnbloomberg.ca/private-credit-firms-near-2-billion-debt-deal-for-alteryx-lbo-1.2032235
Our entire focus going forward will be EBITDA!
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Anyone see the Bloomberg article: Alteryx sued over alleged omissions in $4.4 billion merger proxy. https://news.bloomberglaw.com/litigation/alteryx-sued-over-alleged-omissions-in-4-4-billion-merger-proxy. Wonder how this will affect the sale?
C wasn’t lying. He has no idea what he’s talking about when it comes to finance.
The initial announcement said it was a cash deal. Sounds like they’ve potentially decided to take out debt now. Not sure that makes someone a liar. Things change…
Not the smartest leadership
Anything wrong with LBO? The buyers are taking out a loan to acquire us for very little of their own money using the company as collateral. They are expecting to make a profit that exceeds the debt. It won't happen by gutting the company and running it bare with just Designer desktop.
Get ready for a complete gutting of the company. 50% of the employees at least is my estimate
What consequences will this have? Does this mean layoffs are more likely?
So much for the talk about this deal helping us be more strategic and long term focused
Leveraged buyout. Using debt to purchase shares of the company. Basically this buyout is funded by a lot of debt. The EBITDA focus mentioned earlier is spot on.
LBO'd?