The ratings are pro forma for a planned
leveraged recapitalization.
TPG Capital (formerly Texas Pacific Group) is one of the world's largest private-equity investment firms focused on leveraged buyout, growth capital and
leveraged recapitalization investments in distressed companies and turnaround situations.
It offers mergers and acquisitions advisory, divestitures, management buy-outs, debt and equity financing, fairness opinions, business valuation, and
leveraged recapitalization consulting services.
(Reuters)Mar 7, 2013 - Dell Inc said shareholder Carl Icahn has urged the company to pursue a
leveraged recapitalization and pay a $9 per share dividend instead of going private.
The perfect solution may well be a
leveraged recapitalization or recap.
Before restructuring, the taxpayer investigated several options, including (1) maintaining the status quo, (2) a
leveraged recapitalization or a full recapitalization with a spin-off of the lesser business divisions, and (3) divestiture of the lesser business divisions, including a targeted stock offering or an initial public offering (IPO) with a split-off or spin-off.
Knight Ridder board meets to consider McClatchy's bid and other alternatives, including a
leveraged recapitalization.
In the typical
leveraged recapitalization, leveraged buyout, or management buyout transaction, only the interest is deductible.
(Rochester, N.Y.) was winding up a
leveraged recapitalization that took it off the stock exchange and back under private control, the prominent gear-machine builder also worked out a deal with sometime competitor Kashifuji Works Ltd.
The third alternative, a
leveraged recapitalization of an entire company, is riskier than an internal LBO because the former makes the entire company more highly leveraged.
The board of directors of CareMatrix Corporation, a Needham, Massachusetts-based assisted living company, has instructed management to explore entering into a
leveraged recapitalization or other strategic alterative to maximize shareholder value.
This study finds that stockholders of firms adopting two similar defensive tactics - leveraged buyout (LBO) or
leveraged recapitalization (LR) - yield, on average, significant positive abnormal returns during the announcement period, but stockholders of LR firms experience significantly lower gains than LBO firms.