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SURVEY SHOWS LEVERAGED BUYOUTS IN POSITIVE LIGHT
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With Michael Milken under indictment and the market for ``junk
bonds'' under water, ``leverage'' has become a four-letter word.
Corporate buyouts constructed on pyramids of debt, goes the
conventional wisdom, have weakened once mighty industries and
deprived Washington of billions in corporate income taxes.
The latter charge seems on target: Interest payments to banks
and bondholders, unlike dividends to stockholders, are tax-free to
corporations. But the idea that leve...
Related newspaper, magazine, and journal articles from HighBeam Research
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...And in the future. (leveraged buyouts) (Financing Fashion)
WWD
; 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,
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US REPORT WARNS ON LEVERAGED BUYOUTS
The Boston Globe
; WASHINGTON - The explosion of leveraged buyouts in recent years has resulted in "unparalleled levels of corporate debt," which may leave corporate America more vulnerable to economic downturns, said a congressional report released yesterday. The number of leveraged buyouts has more than tripled,
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Credit executives cite leveraged buyout woes. (National Credit Congress, textile and clothing industry)
WWD
; Credit executives cite leveraged buyout woes The spread of leveraged buyouts in the apparel and textile industries has created major problems for suppliers who have to grant credit to the continuing company. This was clear from comments of credit executives after a talk at the National Credit
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SEC, Congress skirt leveraged buyout issue.
WWD
; WASHINGTON (FNS) -- Despite concern expressed by several of its commissioners about the proliferation of leveraged buyouts, the Securities and Exchange Commission is not pressing Congress to regulate this type of takeover. The leveraged buyout is notably absent from the Tender Offer Reform Act of
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Leveraged buyout? Well, take grandpa ... (defining leveraged buyouts) (column)
Daily News Record
; 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
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