Weitere Kapitel dieses Buchs durch Wischen aufrufen
Although the firm can leave the stock market in many ways, a leveraged buyout (LBO) is undeniably the most common and probably the most important method for achieving delisting. This chapter concentrates on LBOs in terms of historical trends, characteristics, and motivations. Moreover, some delisted firms do not cease to be traded on the public market but simply move from official, regulated markets to either unregulated, OTC markets, or less regulated markets. Although the choice is partially motivated by the same reasons that drive delisting, the second chapter also highlights the specific factors that can trigger the choice, typically related to the difference between the market of origin and destination.
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- Leveraged Buyouts, Going Dark and the Change of the Trading Venue
- Chapter 2
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