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Albertsons paid 11 times EBIDTA (earnings before interest, depreciation, taxes and amortization) when Bristol Farms was trading at only 6 times EBIDTA. Europe, Asia, South America and the Middle East and had 2004 revenues of about $573 million, an increase of 20% over 2003 revenues, and EBIDTA of $87. Starting with 2003, we expect to have 20% EBIDTA come from new products of refurbished products introduced within the past three years. |
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