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buyout |
Also found in: Financial, Wikipedia | 0.07 sec. |
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s buyout offers, meaning that the struggling company will lose more than 70 percent of its work force by the end of the year. The article on private equity, "Quest for Returns Boosts Private Equity," in the July/August issue, should have said that Praesidian Capital, a mezzanine debt provider for middle-market companies, boasts a war chest of $157 million, of which more than half is invested in management buyouts, leveraged buyouts, recapitalizations and refinancings, including four investments alongside private equity sponsors. Although not well-known by most developers or tenants, this section has significant implications on both parties, and has shifted the advantage from the rent-stabilized tenant to the developer in a buyout scenario. |
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