Updated on December 10, 2016
The Journal Of Finance
Itamar Frankenthal was evaluating bank loan proposals to finance his acquisition of Rose Electronics Distributing Business (Rose”). He contacted 40 tiny and large banks that lent in the region and that outreach and stick to-up calls resulted in nine term sheets received from diverse lenders. With the proposals in-hand, he necessary to determine which one was the most favorable.
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