Statements (51)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Financial Transaction
|
| gptkbp:alsoKnownAs |
gptkb:LBO
|
| gptkbp:commonIn |
1980s
private equity industry |
| gptkbp:criticizedFor |
asset sales
short-term focus excessive debt employee layoffs |
| gptkbp:documentedIn |
gptkb:Barbarians_at_the_Gate
|
| gptkbp:financingSource |
high-yield bonds
bank loans mezzanine debt investor equity seller financing |
| gptkbp:goal |
acquire control of company
maximize return on equity |
| https://www.w3.org/2000/01/rdf-schema#label |
Leveraged Buyout
|
| gptkbp:involves |
acquisition of a company
use of debt instruments use of equity use of significant borrowed money |
| gptkbp:notableExample |
gptkb:RJR_Nabisco_buyout
Hilton Hotels buyout TXU buyout |
| gptkbp:originatedIn |
gptkb:United_States
|
| gptkbp:popularizedBy |
private equity firms
|
| gptkbp:regulates |
subject to antitrust laws
subject to securities laws subject to tax laws |
| gptkbp:relatedConcept |
Private Equity
Takeover Management Buyout Recapitalization |
| gptkbp:requires |
due diligence
financing arrangements valuation analysis |
| gptkbp:result |
company may be resold
company may be restructured company may be taken public again company may go private |
| gptkbp:riskFactor |
loss of jobs
high financial leverage potential bankruptcy asset stripping |
| gptkbp:typicalBuyer |
gptkb:investor
management team consortium of investors |
| gptkbp:typicalTarget |
gptkb:public_company
divisions of large corporations |
| gptkbp:bfsParent |
gptkb:LBO
|
| gptkbp:bfsLayer |
7
|