“Take the 150 billion off the 2 trillion in government debt… reduce debt by about 12% and save 8 billion a year”
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Said on Straight Talk with Mark Bouris
Decoder with Nilay Patel · Another billionaire thinks he can fix Warner Bros.
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carried $80 billion of debt at the time of the sale
$80 billion
“Take the 150 billion off the 2 trillion in government debt… reduce debt by about 12% and save 8 billion a year”
“The $2 billion ... reduced $63 billion of debt to $27 billion ... something like a 3300% return”
“The 80/20 rule, which is, you know, 20% of your variants are going to drive 80% of the sales”
“Thomas Bravo led the buy-up. The purchase price was $10.4 billion… debt level is relatively low at $2.5 billion… 24% of the deal was funded with debt.”
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