On leveraged buyouts.

AuthorRees, Matthew
PositionPrivate Equity

"Companies that have gone private in buyouts are generating cash that exceeds their debt interest payments by just 1.7 times, versus 2.4 times last year and 3.4 times in 2004, according to Standard & Poor's Leveraged Commentary & Data. The ratio is at a ten-year low and shows how the margin for...

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