Highly leveraged transactions called LBOs attempt to gain control of a firm through the use of borrowed
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Highly leveraged transactions called LBOs attempt to gain control of a firm through the use of borrowed funds, and their perpetrators hope to profit from de-leveraging the acquired assets in the future and doing a reverse LBO. Onex Corp. (onex.com) is an example of a Canadian company that specializes in doing LBO deals. Click on their website and explain the principles that underlie Onex’s operating philosophy.
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
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