Oct. 20 at 3:13 PM
$FTLF — The 8-K released today was informative and overall positive. I estimate the purchase price to be about 5.5× EBITDA, which is a fair valuation, especially considering they carved out only the quality assets from the bankruptcy.
The company will maintain low leverage after the deal, and there’s significant synergy potential here. If management can effectively combine their strengths and cross-sell between in-store and online channels, the upside could be substantial!!
