And if shareholders believe a board is biased toward the interests of management, a buyout proposal can quickly founder. |
The weakness in the stock was blamed on investor uneasiness about a looming leveraged buyout by a management-led group, the column said. |
Under the act, some agricultural quotas will be involuntarily eliminated under a 10-year buyout program. |
It's the latest twist in a 20-year battle that began when Houston financier Charles Hurwitz bought the company in a 1986 leveraged buyout. |
To be sure, debt carries significant tax benefits, is cheaper than equity, and provides more value to stockholders in a leveraged buyout. |
There has been heavy trading in Siebel shares on rumours of takeover or management buyout. |