Rewriting the Rules for Buyouts - New York Times

Ironically my Depattment chair said this exact thing to me last week too! Rewriting the Rules for Buyouts - New York Times: "MANAGEMENT-LED buyouts, by their very nature, are meant to benefit management and their private equity backers,” Stephen Lowey, a lawyer who often represents institutional investors, said to me last week. He contended that public investors almost always get cheated, and