Dun & Bradstreet Downgraded on LBO Financing
S&P cited leverage increases and turnaround execution risks.
Staples to Go Private for Nearly $7B
The office supply chain company is seeking to pivot after its failed bid for Office Depot.
T. Rowe Price to Pay for Dell Proxy-Vote Error
T. Rowe Price mistakenly voted its 31 million shares in favor of the takeover by Dell's founder and is compensating investors to make up for it.
US Foods Boosts Hopes of Warmer IPO Market
Investors enjoyed about an 8% first-day pop in US Foods, the first major leveraged buyout to go public since last year.
LBOs Face Mounting Credit Risks, S&P Says
With debt burdens approaching the levels of the last LBO boom, the ratings agency warns there could be trouble for issuers.
LBOs Face Their Day of Reckoning
With the Energy Future Holdings bankruptcy, leveraged buyouts now represent 31 percent of all bond and institutional loan defaults since 2007.