The acquisition amounted to an equity value of €255 million paid in cash.

It's not exactly comparable to say that the same amount of equity value would have been created.

Market cap reflects only the equity value of a company.

Many now have little equity value but still carry onerous levels of debt.

"All you do is destroy the equity value in the business."

And they can't dump those quickly, without destroying what is left of equity value in many areas.

The deal put an equity value of $15.1 billion on all of the new company.

It is those big aggregated claims that have pushed equity values so far south.

The new company would have $3 billion in debt and an equity value of about $2.1 billion.

They continued to buy or retain their stock as the equity value decreased.