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€¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF...

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Page 1: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 2: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 3: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 4: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 5: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 6: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 7: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 8: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 9: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 10: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 11: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 12: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 13: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 14: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 15: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 16: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 17: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 18: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 19: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 20: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 21: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 22: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 23: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 24: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 25: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 26: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 27: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 28: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 29: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 30: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 31: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 32: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 33: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 34: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

Page 35: €¦ · · 2016-12-24No law or court ruling preventing the merger ... Valued based on DCF approach to run-off of cash flows G rowth (170/0) 2005B $1040 ... Transaction Analysis

http://www.10xebitda.com/

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