A note on secondary buyouts-creating value or recycling capital

HIGHLIGHTS

  • who: Jana KITZMANN and Dirk SCHIERECK from the European Business School, Department of Finance, Accounting and Real Estate, Oestrich-Winkel, GermanyEuropean Business School, Department of Finance, Accounting and Real Estate, Oestrich-Winkel, Germany have published the Article: A Note on Secondary Buyouts-Creating Value or Recycling Capital, in the Journal: (JOURNAL) of January/26,/2004
  • how: This result is in accordance with the literature describing MBOs as a suitable exit form mainly for moderately successful companies with stable cash flows .

SUMMARY

    An argument for wealth creation can be seen in that . . .

     

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