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What are the reasons for the increase in LBO during the 1980s, their decline in 1989, and resurgence in 1992 onwards? Explain in detail all

What are the reasons for the increase in LBO  during the 1980s, their decline in 1989, and resurgence in 1992 onwards? Explain in detail all the stages of a successful LBO. Explain the difference between an IPO and a SIPO. Explain the major characteristics of the 1980s LBOs. 



Why were LBOs able to use such high degree of leverage compared to other businesses?

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