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To: tallyhoe
No, that is not what you said.

You said the capital raised by LBO's go into the business. That is not true. The capital raised by the acquisition corp goes to the seller of the business for its equity. The seller takes the money and goes away.

The leveraged debt obligation is what goes to the company...not the capital.

41 posted on 01/10/2012 10:37:48 AM PST by RoosterRedux
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To: RoosterRedux

I can’t stand elitist!

All righty then they went in with a hostel take over and fired everyone is that what you want me to say??? Loan the company money buy them out either way Bain Capital was doing Capitalism and they were doing good!


56 posted on 01/10/2012 11:03:57 AM PST by tallyhoe
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