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Evidence receipt / belief

Published · transcript-backed

David Rosenthal: belief

16 Dec 2024 Acquired Mars Inc. (the chocolate story)

“I bet it helped pull in the bank debt because I doubt Mars had significant banking relationships going into this, because they didn’t have any debt.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
16 Dec 2024
Publisher
Acquired

Transcript context

…You think getting Berkshire was what they used to be able to pull in the bank debt. I bet it helped pull in the bank debt because I doubt Mars had significant banking relationships going into this, because they didn’t have any debt. No. In fact, they classically never do acquisitions with outside banks. They’re obsessed with using only their own cash.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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