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Cover of Dodging bullets

Dodging bullets

by Frank Iacono, Robert N. McCauley, Judith S. Ruud

1999 427 pages eng

"The late 1980s saw a huge wave of corporate leveraging. The U.S. financial landscape was dominated by a series of high-stakes leveraged buyouts as firms replaced their equity with new fixed debt obligations. Cash-financed acquisitions and defensive share repurchases also decapitalized corporations.…

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