Deal Detail

Mervyn's to Cerberus Capital

EV / LTM EBITDA

6.2x

EV / LTM Sales

Enterprise Value

$1.6B

Primary Source

Fairness Opinion

Comparable Transactions

General Retail transactions announced in the five years to July 2004. 2 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Jun 2004	Marshall Field's	May Department Stores	$3.2B	-	13.5x	Strategic
Oct 2003	GNC Corp.	Apollo Management LLC	-	-	8.1x	Financial

Source-specific multiples and notes for this transaction.

Comp	Primary?	Source Type	Source	Source Advisor	Source Year	EV (USD)	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
	Primary	Fairness Opinion	SKS FO	Goldman Sachs	2013	$1.6B	-	6.2x	-	-	Open
	-	Fairness Opinion	BELKA FO	Goldman Sachs	2015	$1.6B	-	6.2x	-	-	Open