Dodging bullets : changing U.S. corporate capital structure in the 1980s and 1990s / Robert N. McCauley, Judith S. Ruud, and Frank Iacono.

Annotation 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 cor...

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