Leveraged Buyouts in the Late Eighties: How Bad Were They?
SMU Scholar (Southern Methodist University)Published 1 January 1993Open access
Jean Helwege, Tim C. Opler
Citations3
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Abstract
Forty-seven large leveraged buyouts that occurred after 1987 were examined to see the effect on operating performance and affects of the 1990-91 recession. Overall these LBOs did not result in smaller efficiency gains than earlier LBOs.
Keywords
Business, Management and Accounting
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