Leveraged recapitalization - Often used in risk arbitrage. Popular form of shark repellant whereby a public company takes on significant additional debt with the purpose of either paying an extraordinary dividend or repurchasing shares, leaving the public shareholders with a continuing interest in a more financially-leveraged company. See: stub.
Leveraged recapitalization : often used in risk arbitrage. popular form of shark repellant whereby a public company takes on significant additional debt with the purpose of either paying an extraordinary dividend or repurchasing shares, leaving the public shareholders with a continuing interest in a more financially-leveraged company. see: stub.
Leveraged recapitalization