What is a leveraged buyout

Assignment Help Management Theories
Reference no: EM131379234

The following lead paragraph was published in an article entitled, "Why the Times Could Go Private," in the December 11, 2006 issue of BusinessWeek: "Even before restive shareholders began ramping up pressure on The New York Times Co. and insurance mogul Maurice R. ‘Hank' Green- berg started buying shares, Chairman Arthur O. Sulzberger Jr. was thinking about taking the co m pany private.

In recent months, he has been quietly soliciting advice from trusted friend and fina n cial adviser Steven Rattner , according to sources familiar with those discussions." Later, the article adds that "Rattner met with members of the Ochs -Sulzberger family, who control the voting shares of the parent company through a trust and hold 9 of the company's 13 director seats.

He offered various strategic alternatives, say sources, including a leveraged buyout." What does the phrase "taking the company private" mean? What is a leveraged buyout?

See Tom Lowry and Jon Fine, "Why the Times Could Go Private: An LBO Would Be a Long Shot, but Sulzberger and an Adviser Are Talking It Over," BusinessWeek, December 11, 2006, p. 40.

Reference no: EM131379234

Questions Cloud

What are the various techniques of corporate expansion : What are the general provisions of the Post-Sherman antitrust laws?- What are the various techniques of corporate expansion?
What is meant by denomination intermediation : What is meant by denomination intermediation? What percent of total commercial bank assets did this category hold? How many of these failures occurred in Tennessee?
Explain the basic elements of a service contract. : Write a 500-750-word essay that provides a basic overview of contract law as it relates to service contracts.  Explain the basic elements of a service contract. Describe potential bars (problems) to contract formation
Find the monopoly quantity and monopoly price : Demand is defined by P=250-2Qd. Suppose that marginal cost is MC=Q where Q is the quantity produced by the monopoly. Find the monopoly quantity. Find the monopoly price. Suppose that there are NO fixed costs. Find profits corresponding to monopoly pr..
What is a leveraged buyout : He offered various strategic alternatives, say sources, including a leveraged buyout." What does the phrase "taking the company private" mean? What is a leveraged buyout?
What percent of people surveyed were republicans : What percent of people surveyed were under 30 or over 65? d) What percent of people were classified as "Other" and under the age of 30?
What is the tort you can sue for and who is the defendant : What is the tort you can sue for and who is the defendant? Who do you sue for the breach of contract claim
Was filburn correct in the given situation : He argued that the production and consumption of wheat on his own land for his own purposes are outside the reach of Congress because, at most, this activity had an indirect effect upon interstate commerce. Was Filburn correct? Explain.
Discussion of the ratio analysis results : Discussion of the ratio analysis results, including rationale for the ratios chosen. Discussion of all horizontal and vertical analysis from above.

Reviews

Write a Review

 

Management Theories Questions & Answers

  Example of two corporate innovations

Use the Internet to find an example of two corporate innovations: one brought about through autonomous strategic behavior and one developed through induced strategic behavior.  Which innovation seems to hold the most promise for commercial success..

  What is organizational culture

What is organizational culture? Does organizational culture always respond to environmental challenges?

  Fast forward to current day and give

Based on the video, fast forward to current day and give your opinion on whether or not Apple's product strategy should change given its current rate of success and potential competing companies (i.e. Samsung, etc.) operating within their marke..

  Name some of the personal information collected

Name some of the personal information collected by web sites about their visitors.

  The most important function of information technology

The most important function of information technology (IT) for the managed care organization (MCO) is to support the business of the MCO. How the IT department aligns with the operational dynamics of the MCO is a vital management consideration.

  Relationship between change readiness and change agents

Wong Manufacturing Company (WMC)-Based on readings a) McFillen et al (Reading 11), b) Rafferty et al (Reading 12) and c) Barratt-Pugh et al (Reading 13) what is the relationship between change readiness and change agents?  Use Hayes (2014) Chapter..

  Evaluate the process of how a bill becomes a law

Evaluate the process of how a bill becomes a law. Explain how the White House staff, the Executive Office of the President, the cabinet, and the vice president contribute to managing the presidency

  Discuss ilos role in shaping the labour policy of india

Discuss ILO'S role in shaping the labour policy of india

  Explain google adword and adsense services

Explain Google's AdWord and AdSense services and describe how each benefits a firm considering online advertising with Google. What are the differences in the two services

  Why management development is an important focus

List the 3 reasons, and a short explanation of each reason, giving examples, why management development is an important focus

  Example of a promotional message delivered by narrowcasting

Find an example of a promotional message delivered by narrowcasting and discuss it in the light of the ethical issues.

  What do you define as management

What do you define as management - What are good qualities of a manager and Do the qualities change based on different situations

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd