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WASHINGTON BUSINESS JOURNAL 2012--McLean-based Booz Allen Hamilton Holding Corp.'s proposed eye-popping $1 billion dividend would leverage the company to the hilt, while bringing a likely windfall to its majority owner, District-based private equity giant Carlyle Group LP.
Booz Allen (NYSE: BAH) announced Wednesday that it was exploring a deal to refinance $959 million in debt with new debt totaling up to $1.75 billion. It would use the difference, plus about $260 million in cash on hand, to fund a $1 billion dividend to stockholders.
Source link: http://www.bizjournals.com/washington/blog/2012/07/booz-allen-dividend-w... [8]
WB7:
Holy Spook Tacos Batman, that's an awful lot of fajitas to be financed with NSA contracts! Whistle blowing high school drop outs can't be good for the business model!
Time to wheel out the Bull Shite Pitt Bull!
In fact, better bring...