Vylor received PHI's business, but issued shares and paid about $761 million. PHI replaced an existing loan with borrowing under Vylor's credit facilities, and the filing gives no PHI results to show whether the deal improves Vylor's prospects.
Vylor gains PHI, but it also issued shares and paid cash to Corteva's subsidiary. PHI replaced an existing loan with borrowing under Vylor's credit facilities. The filing gives no results for PHI, so it does not show whether what Vylor gained outweighs these costs.
Corteva separated PHI, and its subsidiary received about $761 million, but Vylor shares received in the deal were distributed onward. The filing does not show how the separation changes Corteva's business prospects.
Follow Vylor Inc. (VYLR) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for VYLR