medium · Private Equity
During financial due diligence, an analyst identifies that a target company's reported EBITDA of $100M includes a $10M one-time gain from a legal settlement and $5M in non-recurring restructuring costs. Additionally, the company will incur $2M in annual public company costs that will disappear post-LBO.
What is the Adjusted EBITDA?
- $95M
- $93M
- $97M
- $107M
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