http://www.nasdaq.com/article/verizon-raises-us11bn-for-yahoo-buy-and-bond-buyback-20170317-00522
4 replies (most recent on top)
Smart move. Somebody is awake at Basking Ridge.
Can you say ENRON THE SEQUEL?
@ tyv - Nope not a union troll just calling out THIS:
"In terms of Verizon's $100 billion net debt load, $220 billion in total liabilities vs. just $22 billion in shareholder equity (negative -$101 billion "tangible" book value) on its balance sheet as of September 2016, the corporation is one of the highest leveraged enterprises in America."
Now get back to being Lowell's little Basking Ridge shoe shine boy.
Ok,
If the cost of the new debt, is less then the cost of the retired debt, it is good.
Stupid union troll.