And that still assumes that Mr. Icahn can line up the requisite financing.
Without the requisite financing, this program will be a tragic misrepresentation of the way in which people in the real world both live and die.
Alibaba has spent the last several months crisscrossing the world, raising the requisite financing for the stock buyback from investors like the China Investment Corporation, the Chinese private equity firms Boyu Capital and Citic Capital and the China Development Bank.
He added that his investment bankers at Credit Suisse were highly confident that they could line up the requisite debt financing, which could amount to perhaps $7 billion.
The company also obtained what is known as a "highly confident" letter from JPMorgan Chase, which provides an assurance — but not a formal commitment — that the requisite debt financing would be available for the bid.
PHH said the private-equity firm "was not able to obtain the requisite debt financing", though at $1.8 billion the price of the deal was paltry compared with last year's "mega buy-outs".Legg Mason bailed out two of its funds tied to debt sold by structured investment vehicles.
Mr. Schulze remains the single biggest shareholder, with a roughly 20 percent stake, but analysts and investors have questioned whether he can line up the requisite equity and debt financing.
This problem needs a chairman of the board: someone with the conviction and the pulpit to rally support, with the authority to bring some order to the chaos, with the trust of the private sector and with the requisite mastery of politics, bureaucracy and finance.
Mr. Cohen's testimony is substantial, powerful evidence that President Trump understood he had a liability to Mr. Cohen from the beginning of his presidency and that Mr. Trump acted with the requisite intent to be subjected to prosecution for criminal campaign finance violations.
And by combining with Macquarie or other players to come up with a perhaps a third of the requisite equity for the entire purchase, the buyers could then finance many of the buildings individually at levels approaching 80%, with the private partner taking the financing on its balance sheet to spare Maguire.
The center, which is publicly financed and has a hard-to-get national certification by the National Council on Aging, provides the requisite lunch, health checks and help with paperwork.
