Leveraged Acquisitions and the Market for Corporate Control |
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| Authors: | Mike Wright Steve Thompson Ken Robbie |
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| Affiliation: | Mike Wright is Professor of Financial Services and Director of the Centre for Management Buy-out Research at Nottingham University.;Steve Thompson is Senior Lecturer in Business Economics, Institute of Science and Technology, University of Manchester.;Ken Robbie is a Research Fellow at the Centre for Management Buy-out Research at Nottingham University. He was formerly on economist in the banking and industrial holding sectors of industry. He is author of articles and books about banking, financial services and management buy-outs. |
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| Abstract: | What is the function of the market for corporate control? Mike Wright and two colleagues outline the advantages of an active market in corporate control and review the consequences of leveraged buyouts. |
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