Re: Silverlake's exit strategy
Sound reasoning sir, but maybe they don't intend to pay down the debt? Gear up VMDell, pillage it for dividends, and then let the flaming wreckage float away. And the great thing about a reverse takeover is that it just happens. No special scrutiny around an IPO, and even if the deal doesn't have any cash element to run off with, all the erm, "deal architects" do is bleed their stock back into a gullible market ASAP.
Surely a private equity house wouldn't do anything as irresponsible as that?