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How can you reconcile the high initial leverage in a typical LBO transaction with the general corporate practice of selecting a fixed target debt
How can you reconcile the high initial leverage in a typical LBO transaction with the general corporate practice of selecting a fixed target debt ratio for a company's capital structure that is much lower, e.g., about 30% debt for an investment-grade company?
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A leveraged buyout LBO typically involves the acquisition of a company using a significant amount of ...
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
