Question: The Sealed Air leveraged restructuring is described in the Chapter 18 beyond the Page feature. Outline the similarities and differences between the RJR Nabisco LBO

The Sealed Air leveraged restructuring is described in the Chapter 18 beyond the Page feature. Outline the similarities and differences between the RJR Nabisco LBO and the Sealed Air restructuring. Were the economic motives the same? Were the results the same? Do you think it was an advantage for Sealed Air to remain a public company?

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RJR issued a lot of debt and repurchased shares to reduce the equity ... View full answer

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