Leveraged Buyouts
Renneboog, Luc / Vansteenkiste, Cara Leveraged Buyouts: Motives and Sources of Value analyzes the motives for taking public firms private and provides a structured and critical review of the empirical research in this area. The authors examine which types of firms go private and the determinants of takeover premiums in LBO transactions, investigate whether the post-transaction value creation, as well as the duration of the private status, can be explained by the aforementioned po...