Nadant, Anne-Laure Le; Perdreau, Frédéric - In: Review of Accounting and Finance 5 (2006) November, pp. 370-392
Purpose – Seeks to investigate whether the financial characteristics of leveraged buy-out (LBO) targets differ from those of firms that have not undergone an LBO before the deal. Specifically, to examine the free cash flows (FCFs), income taxes, capital intensity, business risk, profitability,...
