Topics: Private Equity, Leverage Buyout, Cost of Capital, Banikruptcy in May, Envision Healtheare fled for bankruptcy, just five years after it was taken private by KKR in a blockbuster leveraged buyout (LBO) that valued the physician-staffing company at $ tobn. Questions: 1. What does KKR compary do? What is the company's seurce of revenue? 2. What is leveraged buyout? How did KKR pay for the buyout of Emision Healtheare 7 From the hindsight, was the deal overvalued? 3. What foctors contribute to the collapse of Envision Healtheare? Piease consider the economic external factors, the cerroany's business model and the cost of debt in LBo arrangement among others. 4. What are the terms in the restructuring plan between Envision Healthcare and credilors? Which investers will be wiped out