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As a result, any buyer of Hasbro would need to offer up a big equity check.
And K.K.R.'s writing an equity check for more than half the price of its $7.2 billion acquisition of Samson could be another.
To write the accompanying $4 billion equity check, buyout firms could team up — in another replay from yesteryear — or bring co-investors in.
That's an enormous amount for even two private equity firms to cover, assuming that these shops brought in other investors to help out with the equity check.
Cerberus and Ampersand put up $590 million for the deal in 2004, and Cerberus cut an equity check of about $80 million for majority control.
Dave Checketts, who led a group to bid for the Rams, said buyers needed "a big equity check" to avoid using too much debt.
Similar(47)
And while debt financing remains cheap and plentiful, private equity firms are more hard-pressed to write big equity checks.
"The difference is very few people are writing equity checks to buy property," Twardock added.
And like those phantom Uber equity checks in the mail, I have never once received a check from her.
There has been a ton of board discussions about strategic acquisition ideas happening right now, and even the private-equity and financial-sponsor buyers are getting involved, with shops like Vista and Thoma Bravo very aggressively writing large equity checks to buy names like Marketo and others.
More troubling is that this trendline has moved into the 4.50 region, an area of long-term support and resistance for JBLU, and one that has held the equity in check since mid-February.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com