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- ---- Isobar Acquires iProspect for $50 million
Receptional - 12:20 pm on Dec 23, 2004 (gmt 0)
|Aegis will pay an initial £16.7m with a further £9.4m deferred and payable over two years, subject to performance-related targets. |
That is interesting. Usually in a buy out, the golden cherry is the final payment, not the first. This suggests to me that much of the £16.7 will be paying off various credit lines and debts.
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