But then that's the natural reaction in any old-line industry when aggressive leveraged-buyout artists invade.
It was as if I'd entered some sort of alternate universe where wine journalists could drink like leveraged-buyout kings.
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Many of the successful graduates are in finance and first made it big during the leveraged-buyout boom of the 1980s.
The deal to take Dell private shows what is possible in the leveraged-buyout market but doesn't necessarily portend a return of the megadeals popular before the financial crisis.
Interestingly, PXP is engaging in a leveraged-buyout-like operation.
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The New York Times had a big scoop recently on a lawsuit in Boston that accuses some of the biggest private-equity firms including Bain Capital, TPG and KKR of conspiring to keep takeover prices low during the leveraged-buyout boom from 2003 to 2007.
The only difference between the original hostile takeover- and leveraged buyout-predators of the 1980s and the current band of Internet dealmakers is that the new generation is using stock certificates instead of junk bonds to snap up rivals.
Across the city, Manchester United was sold to the American Glazer family, owners of the NFL's Tampa Bay Buccaneers, in a leveraged buyout -- essentially by borrowing money they didn't have.
The market for new issues heated up in the first few months, with bubble-era leveraged buyout targets like HCA and Kinder Morgan going public alongside the new crop of technology companies including cloud names and the social media vanguard with the likes of LinkedIn.
But then that's the natural reaction in any old-line industry when aggressive leveraged buyout artists invade.
We had always thought that the leveraged buyout and takeover trends would self-destruct as soon as stock prices got so high that it no longer paid to substitute debt for equity.
Before that, he served as CEO of Columbia House, where he also led a leveraged buyout of the company by the private-equity firm the Blackstone Group .
As part of leveraged buyout by private equity groups, Dallas-based TXU (nyse: TXU - news - people ) recently scrapped its plans to build 11 coal-fired plants, opting instead for three coal plants that include emissions-reducing technologies.
Some United supporters have expressed concerns about the club's future given the amount of debt placed on the club by US-based owners the Glazer family following their leveraged buyout in 2005.
Or instead of an integrated Goldman-Simpson, Goldman could buy Simpson in a leveraged buyout deal and maintain it as a separate entity.
Although the transaction is considered a leveraged buyout, it's different from the typical private-equity deal.
In the sizzling leveraged buyout business, Goldman is both an investor and an adviser--often at the same time, in the same transaction.
It was just 18 months after a little-known private equity shop, 3G Capital, took Burger King private in a leveraged buyout. 3G Capital is backed by a number of Brazilian investors that include billionaire Jorge Paulo Lemann.
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