[wideawake]

no one makes a purchase of this size with cash

Yes they do. DPW may be borrowing the money from a bank, but they will be wiring 6+B in cash to the seller's accounts.

They are not just handing over a promissory note in exchange for hard assets.

If I had to guess, I would say that this deal was put together by some London investment bankers...and then taken to DPW.

I'll bet you are exactly right.

Most deals of this magnitude are hatched by a banker dreaming of a fat advisory fee.

[Dark Skies]

Yes they do. DPW may be borrowing the money from a bank, but they will be wiring 6+B in cash to the seller's accounts.

In the world of finance, that still isn't what one might call a cash transaction.

If you buy a car and pay cash...you don't borrow to raise the cash...same principal in the mergers and acquisitions biz.

Unless it has changed since I was in it...

[Dark Skies]

Surely you are intimately aware of the ole "pride goeth before the fall" thang. I know I am...been there, done that.

If you are still on the left side of that event, bow down to Him and jump to the right. IMHO.