Debt is not necessarily bad. You calculate what the money costs you, and what you can make with it. Get the money when interest rates are low, as they are now, and buy something useful; that is the road to big money. Who is clueless here?
for a company that brings sales of at most $300 million and declining across the board (not very profitable to boot). Is that how you make "big money"? Tell the truth...BSX had to buy Schneider at any price or face removal from the market of their nylon balloons and their nylon mounted Nir stent. It was a desparation move to salvage the Scimed business. We'll see if they can do well enough now to pay the interest and still make a good profit. The hole is quite deep.