Thomas H. Lee Company (THL Co) acquired Snapple for approximately $140 million (Total Enterprise Value, TEV) in mid-1992. Based on this, and based on the other facts provided in the case, determine approximately what return (i. e., IRR AND multiple on investment) the Snapple investment might have generated for THL Co. In doing this analysis, you should consider:

Iceberg storage, a leading hard drive manufacturer, recently filed for bankruptcy. while most of iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, iceberg invested most of its retained earnings in the effort to improve its hard drives. once the hard-drive market drastically declined, iceberg storage was unable to capitalize on the new technology. which of the following does this scenario best illustrate a. causal ambiguity b. knowledge diffusion c. social complexity d. path dependence