Leveraged buyouts : the new game in the City

Scouller, John (1985) Leveraged buyouts : the new game in the City. Quarterly Economic Commentary, 11 (2). pp. 74-76. ISSN 0306-7866

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Perhaps because of the huge amounts of money involved, the phenomenon of the leveraged buyout has recently been attracting much publicity. Undoubtedly, although not a new phenomenon, it is a growing one and is of increasing interest not only to the press but also to governments, regulatory bodies, unions, and academics. This perspective examines some of the more important aspects of leveraged buyouts.