Valuations can change
Nice post. Looks attractive to me. Two possibilities:
1. Buyout occurs: Avail open offer/exit position.
2. Buyout does not occur: Strong balance sheet, strong brand and distribution. Demographic tailwinds of increasing human population, increasing prosperity and leading to increasing per-capita spends on medication.
Leveraged buyout seems unfair.
In layman terms if I want to buy a car but don't have enough money to buy the car, Then I will raise money by selling the music system of the car that I am going to buy?