Big gainers from LBOs were: Junk bond holders Raiders Selling stockholders Investment banking firms
Big gainers from LBOs were:
Junk bond holders
Raiders
Selling stockholders
Investment banking firms
Homework Answers
Answer :The big gainers from LBOs were Selling Stockholders.
A Leveraged Buyout (LBO) is the acquisition of another company using a significant amount of borrowed money to meet borrowed capital.
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Big gainers from LBOs were:
Junk bond holders
Raiders
Selling stockholders
Investment banking firms
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