medium · Private Equity

During due diligence of 'Global Logistics', an analyst identifies that the reported EBITDA of $80M includes a $5M non-recurring restructuring charge and a $3M one-time gain from a legal settlement.

What is the Adjusted EBITDA for valuation purposes?

  1. $82M
  2. $85M
  3. $78M
  4. $88M

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