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...And in the future. (leveraged buyouts) (Financing Fashion)
From:
WWD
| Date:
June 4, 1984| Author:
| 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 buyouts are booming within the apparel industry, and analysts predict that the trend will continue. A buyout is a management tool as well as a financial tool. It helps a company focus on long-term goals and success.
NEW YORK -- The leveraged buyout boom is not fad, say members of the financial community who provide the dollars for these deals. They predict that this form of financing will remain fashionable, even within the volatile apparel industry.
"The leveraged buyout is here to say," said Merril Halpern, president of Charterhouse Group International, Inc., the U.S. ...
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