Often used in risk arbitrage. Popular form of shark repellant whereby a public company takes on significant additional debt with the purpose of either paying an extraordinary dividend or repurchasing shares , leaving the public shareholders with a continuing interest in a more financially- leveraged company. See: stub .
LEVERAGED RECAPITALIZATION
Meaning of LEVERAGED RECAPITALIZATION in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012