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| Author: | Bowman, L. |
| Title: | Blight of the living dead. The LBO zombies set to stalk the market |
| Journal: | Euromoney
2008 : NOV, VOL. 39:475, p. 62- 67 |
| Index terms: | business cycles debt financing loans Europe USA |
| Freeterms: | leveraged buyouts |
| Language: | eng |
| Abstract: | This article deals with impact of a global recession on leveraged buyouts (LBOs). The start of a vicious global recession will be followed by a series of corporate defaults as sure as night follows day. But this time, that night will see zombie companies stagger the earth, dragging their uncovenanted leverage multiples behind them. |
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