Michaels joined Tribune shortly after the 2007 leveraged buyout
, brought in by mastermind Sam Zell.
"We thought that it was time to let these shareholders out," says Lewis "Most leveraged buyouts
last three to six years.
Macy & Co.'s $3.7 billion leveraged buyout
, Campeau Corp.'s takeover of Federated Department Stores for $7.42 billion, and the buyout of Safeway by Kohlberg, Kravis, Roberts & Co.
Musk's $420 per share deal would also top the 1988 $30 billion leveraged buyout
of RJR Nabisco, now seen by many as the high-water mark of excess on Wall Street during that decade.
(formerly known as Kohlberg Kravis Roberts & Co.) is an American multinational private-equity firm specializing in leveraged buyouts
and headquartered in New York.
Aurelius' lawyers also hammered at last summer's finding by a special bankruptcy examiner, who found that in the two-step leveraged buyout
, the second step probably contained fraud.
The planned deal is set to be the largest foreign leveraged buyout
in Japan in more than a year.
Prior to joining Madrone, he was a partner at Weston Presidio, a private equity firm focused on growth equity and leveraged buyout
It completed a $5.1 billion leveraged buyout
in 1988 and then re-emerged as a public company in 1992.
"I hope Hicks and Gillett leave ASAP and never manage a sports team again with leveraged buyout
-- The investment firm Kohlberg Kravis Roberts (KKR) completed a $4.2 billion leveraged buyout
of Safeway Inc.
Swenson, 63, assumed the role of CEO following the $20 million leveraged buyout
he helped orchestrate