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One Justification Given for the Leveraged Buyouts of the 1980s

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Essay

One justification given for the leveraged buyouts of the 1980s was the "discipline of debt." It was thought that the firms, after leveraging, would perform in a superior manner, thus increasing economic efficiency.Explain this reasoning.


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Broadcasts

The distribution of audio or video content to a dispersed audience via any electronic mass communications medium.

Battery

An intentional tort that prohibits the harmful or offensive touching of another without his consent.

Consent

Consent is the voluntary agreement to some act or purpose without any coercion or force, often implying compliance or permission.

Tort

A civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the form of an action for damages.

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