Want to join the conversation?
$AOS used available borrowing capacity on its $400MM revolving credit facility to fund the $87MM debt-free acquisition. $AOS believes Aquasana's organic revenue, including synergies, could reach $100MM in 2019. The transaction is expected to achieve a return in excess of $AOS' cost of capital in the third year after completing the acquisition.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.