Buyouts

Working Paper

The Effect of Institutional Investors' Voice on the Terms and Outcome of Freeze-out Tender Offers

We study the impact of institutional investors' “voice” on 201 going private tender offers by controlling shareholders ("freeze-out" offers) in Israel. Israeli regulatory intervention in freeze-out tender offers is relatively mild, thus...Read more

Beni Lauterbach
21 September 2018

The Employment Consequences of Private Equity Acquisitions: The Case of Institutional Buy Outs

There is a growing controversy as to the impact of private equity acquisitions, especially in terms of their impact on employment and subsequent organizational performance. It has been suggested that closer owner supervision and the injection of...Read more

Marc Goergen
01 July 2014

Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts

Private equity funds pay particular attention to capital structure when executing leveraged buyouts, creating an interesting setting for examining capital structure theories. Using a large, detailed, international sample of buyouts from 1980-2008...Read more

Ulf Axelson
Tim Jenkinson
Per Strömberg
Michael Weisbach
01 March 2012

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