【正文】
The McGrawHill Companies, Inc., 2020 Irwin/McGraw Hill 34 8 Privatization ? Motives for Privatization: 1. Increased efficiency 2. Share ownership 3. Revenue for the government 169。The McGrawHill Companies, Inc., 2020 Irwin/McGraw Hill 34 5 Leveraged Buyouts ? The three main characteristics of LBOs: 1. High debt 2. Incentives 3. Private ownership 169。The McGrawHill Companies, Inc., 2020 Irwin/McGraw Hill 34 2 Topics Covered ? Leveraged Buyouts ? Spinoffs and Restructuring ? Conglomerates ? Private Equity Partnership ? Control and Governance 169。 C o . ( w . m g m t ) H e l l e y P e r f o r m a n c e P r o d u c t s 1998 1 0 0 . 0 0$ 10 Largest LBOs in 1980s and 1997/98 examples 169。 We s t e r n I n d u s t r i e s 4151 L i t t o n I n d u s t r i e s 1966 L T V 1873 I l l i n o i s C e n t r a l I n d u s t r i e s 26103 T e x t r o n 16104 G r e y h o u n d 19128 M a r i n M a r i e t t a 14131 D a r t I n d u s t r i e s 18132 U . S . I n d u s t r i e s 24143 N o r t h w e s t I n d u s t r i e s 18173 Wa l t e r K i d d e 22180 O g d e n I n d u s t r i e s 1318