Private equity funds have emerged today as one of them major levers of investment and growth in the financial system. An important part of their activity concerns the leveraged acquisitions they show significantly in common with non-leveraged acquisitions.

a. What are the peculiarities of leveraged acquisitions that make them a distinct case in academic papers on acquisitions and corporations transformations?

b. What are the financial characteristics of a company that would increase it possibility to be a target company for leveraged acquisition?

c. What possibilities, in terms of their future evolution, have the companies that are they acquired by private equity funds in the context of leveraged acquisitions?