Is it still "private equity" if a public company takes a loan to buy another public company?
It's still an LBO, in effect borrowing against the target to get control of it.
OP is just saying that PE uses the same playbook, not that this move is "private equity".
It's still an LBO, in effect borrowing against the target to get control of it.
OP is just saying that PE uses the same playbook, not that this move is "private equity".