KKR to acquire Nothing Bundt Cakes for over $2B | Hacker News

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		KKR to acquire Nothing Bundt Cakes for over $2B (reuters.com)
		12 points by mattas 16 days ago \| hide \| past \| favorite \| 1 comment

EdwardDiego 16 days ago [–]

Does $120m EBITDA really justify a $2B purchase?

Must have some amazing intangibles given what I know of the usual EBITDA multiplier used for such businesses.

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