The transactions involved in a failed LBO sometimes satisfy the definition of fraudulent transfer.
For this reason, most fraudulent transfer claims in the context of a failed LBO allege a constructive, rather than intentional, fraudulent transfer.
We use firm names before the LBO and after the RLBO to search the Compustat Names table, as well as the Center for Research in Security Prices (CRSP) Stocknames file, enabling us to identify all required Committee on Uniform Identification Procedure (CUSIP) codes.
Additionally, we select control firms based on propensity scores calculated at the LBO based on firm characteristics (Villalonga, 2004; Armstrong, Jagolinzer, and Larcker, 2010).
Going forward, the signs for an LBO
are clear: a company's declining share price, proven management and a desire to change.
In summary, Amrac is not seeking to make additional charges to its customers for data into LBOs
covered by a TurfTV subscription.
Linens 'n Things is not the only large LBO
that may have faced a challenge amid the current credit crunch.
They must start by understanding what an LBO
firm does with a business it buys.
Furthermore, the Grand Union cap ex focuses on tried-and-true measures to generate robust returns on the capital that remains precious under the new LBO
But given the fact that American Standard's stock price has increased eightfold since the company's LBO
in 1988 and 22 percent of the company is employee-owned through an ESOP, Kampouris can't resist adding: "And by the year 2000, I'd like to have created at least a thousand new millionaires.
deals for REITs will be different than the LBO
deals which proliferated in the 1980s in other industries.
The Safeway LBO
was certainly not the first of its kind.