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Leveraged buyout? Well, take grandpa ... (defining leveraged buyouts) (column)
From:
Daily News Record
| Date:
May 21, 1984| Author:
Rutberg, Sidney
| COPYRIGHT 1984 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Leveraged Buyout? Well, Take Grandpa . . .
"Hey Dad, everyone is talking about leveraged buyouts. What are they, anyhow?'
Well, son, a leveraged buyout is a transaction in which leverage substitutes for capital in purchasing the assets or common stock of a corporation.'
"Right Dad. Like I said in the first place, what is a leveraged buyout?
"I can see this is going to be another one of those difficult sessions since I'm obviously deali...
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Leveraged buyout? Well, take grandpa ... (defining leveraged buyouts) (column)
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