The market expected more cash coming in at once but it didn’t, independent special situations firm Sarria noted. “We see LTV well above the 39%, but what will they buy with the cash when it comes? Amir Dayan may have cash stashed elsewhere, but we’d really like to see the OpCos.”
“When I ride a rollercoaster, I have to have my eyes wide open,“ Sarria commented. “But some people like to go with their eyes closed. Vivion is for them.”
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