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  "documentTitle": "3M | Mergers and Acquisitions Presentation Deck | 10 slides",
  "authorId": "3m",
  "authorName": "3M",
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  "presentationDate": "2019-05-01 00:00:00",
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      "text": "Purchase price: $6.7 billion total enterprise value\nEBITDA multiple: 15x adjusted EBITDA (2018), 11x adjusted first year EBITDA, including year 3 run rate cost synergies\nGAAP EPS: -$0.35 per share dilutive first 12 months, including financing costs\nAdjusted EPS: +$0.25 per share accretive, excluding purchase accounting adjustments and one-time expenses related to the transaction and integration\nROIC: Expected high-single digits by year 5\nFinancing: Cash on hand and proceeds from issuance of new debt\nShare repurchases: Adjusting FY 2019 range $1.0B to $1.5B vs. $2.0B to $4.0B, previously\nExpected close: H2 2019, subject to customary closing conditions and regulatory approvals",
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