02686nam 2200613 a 450 991045893390332120200520144314.03-8366-2565-2(CKB)2670000000053332(EBL)595094(OCoLC)679421943(SSID)ssj0000788489(PQKBManifestationID)11514135(PQKBTitleCode)TC0000788489(PQKBWorkID)10828472(PQKB)11023885(MiAaPQ)EBC595094(WaSeSS)Innodata00048202(Au-PeEL)EBL595094(CaPaEBR)ebr10487800(EXLCZ)99267000000005333220110901d2009 uy 0engurcn|||||||||txtccrFinancing patterns of European buy-outs[electronic resource] /Sascha KaumannHamburg Diplomica Verlag20091 online resource (92 p.)Cover title.3-8366-7565-X Includes bibliographical references.Financing patterns of European Buy-Outs; Table of contents; List of Acronyms; List of Objects; 1. Introduction; 2. The quest for a theory on optimal capital structure; 3. Financing patterns of European Buy-Outs; 4. The capitalisation process and other sources of value; 5. Summary and outlook; 6. References; 7. AppendixAs Buy-Outs became larger and more levered in the mid 2000's the European Leveraged Finance market experienced a wave of innovations. This research is concentrating on the capitalisation process of leveraged Buy-Outs in Europe, taking the perspective of an equity investor.We embark on the quest for the optimal capital structure by constructing an integrated model based on traditionalist (irrelevance hypothesis) and modernist (tax, risky debt and costly contracting hypothesis) views. In a second step we review common terms of financing instruments used in European Buy-Outs (ie. Senior debt,Consolidation and merger of corporationsEuropeLeveraged buyoutsEuropeManagement buyoutsEuropeVenture capitalEuropeElectronic books.Consolidation and merger of corporationsLeveraged buyoutsManagement buyoutsVenture capital658.16658.162Kaumann Sascha866322MiAaPQMiAaPQMiAaPQBOOK9910458933903321Financing patterns of European buy-outs1933439UNINA