$2.$ What were some of the reasons for corporate deleveraging despite the low Federal Reserve rates?

$3.$ What created the change in the activist acquisition targets?

$4.$ Why is Jeff Smith known as one of the most aggressive activists? What was the result of his actions?

$5.$ What is the difference between a leveraged buyout and a going$-$private transaction?

$6.$ How have the trends in leveraged buyouts changed since their origination in the $1980$s$?$

$7.$ RJR Nabisco is ranked as one of the largest leveraged buyouts; discuss another recent leveraged buyout. How does this LBO differ from what happened at Nabisco?

$8.$ Discuss some of the potential conflicts of interest that take place in a management buyout.

$9.$ How does debt have a lower cost than equity? How does this impact the company$$s tax position?

$10.$ List at least two ways of financing a leveraged buyout. Which method would you choose if you were brokering the LBO?