The Evolution of Buyout Pricing and Financial Structure in the 1980s
- 1 May 1993
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 108 (2) , 313-357
- https://doi.org/10.2307/2118334
Abstract
We examine changes in the pricing and financial structure of large management buyouts in the 1980s. Over time, (1) buyout price to cash flow ratios rKeywords
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