The legal environment regulating mergers and acquisitions (M&A) is crucial for the private equity industry, especially for leveraged buyout (LBO) transactions, which are currently at the center of an intensive debate in the US, as has occurred in many European countries over the last decade. The purpose of this paper is to shed light on the current international debate on the lawfulness of LBOs by emphasizing the critical features of this class of transactions.
The Dark Side of LBOs. Private Equity Investors be forewarned! / S. Zambelli. - In: CORPORATE OWNERSHIP & CONTROL. - ISSN 1727-9232. - STAMPA. - 5:(2008), pp. 59-78. [10.22495/cocv5i4p6]
The Dark Side of LBOs. Private Equity Investors be forewarned!
S. Zambelli
2008
Abstract
The legal environment regulating mergers and acquisitions (M&A) is crucial for the private equity industry, especially for leveraged buyout (LBO) transactions, which are currently at the center of an intensive debate in the US, as has occurred in many European countries over the last decade. The purpose of this paper is to shed light on the current international debate on the lawfulness of LBOs by emphasizing the critical features of this class of transactions.I documenti in FLORE sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.