search query: @indexterm Management buy-outs / total: 202
reference: 109 / 202
| Author: | Coggan, P. |
| Title: | Buy-out burn-out |
| Journal: | Business
1990 : FEB, p. 65-69 |
| Index terms: | MANAGEMENT BUY-OUTS ENTREPRENEURSHIP CORPORATE FINANCE UNITED KINGDOM COMPANY OWNERSHIP |
| Language: | eng |
| Abstract: | Review of boom in management buy-outs /MBOs/ and doubts about the benefits. Role of gearing. Profits multiple. Risks taken by MBO investors. Bankers' enthusiasm. Refinancing. Problems that arose. Stock market and entrepreneurial spirit. Business strategy. Justification for MBOs. Experience of some companies. Drop in MBO flotations. Economic downturn, but optimism based on 214 MBOs. |
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