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If things go the way they are expected in its announced IPO, Aramark will see a "tidy profit" over what investors paid in 2006 when it was last taken private.
September 16, 2013
If Aramark's stock boosts its market capitalization to the expected $11 or $12 billion, which is 9 to 10 times estimated 2013 EBITDA (earnings before income tax, depreciation, amortization) of $1.2 billion, "this implies a tidy profit" over the $8.3 billion (whoch was not quite 9 times EBITDA) that Aramark sold for in August 2006, when the company was taken private, one analyst told the Philadelphia Inquirer. More here.
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