In the context of mergers and acquisitions (M&As) or leveraged buyouts (LBOs), it is a deal in which a party is forced, for lack of viable options, to accept adverse terms. Examples include stockholders being forced to accept junk bonds instead of cash or equity, and bondholders being forced to take equity in a reorganized company rather than cash.
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41
Comments