In a filing of a presentation made to institutionalinvestors on its proposed merger with Fruit of the Loom, RML management notedthat the offer gave RML an enterprise value (equity plus debt minus cash onhand) of $988.9 million. That works out to 0.7 times projected 2007 sales, 6.6times projected 2007 EBITDA and 11.3 times projected net income. It alsodisclosed that RML had determined that it was not likely to make its Q1projections when the offer was made and suggests that the board had doubts thatthe management could meet ... Log in to view full article.