Grupp, Marcel; Rauch, Christian; Umber, Marc; Walz, Uwe - 2015 - This Version: April 2015
us to analyze the effects different restructuring activities as part of the LBO have on the competitors' revenues. These … restructuring activities include changes to leverage, governance, or operating business, as well as M&A activities of the LBO target … company. We find that although LBOs itself have a negative influence on competitors' revenue growth, some restructuring …