Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Version: Rev 4.94
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Abstract
This case presents a straightforward repurchase of equity with debt and forces students to decide whether leverage creates value and, if so, under what circumstances. Data in the case encourage students to measure the impact on the stock market of increases in leverage.
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Abstract
This case presents a straightforward repurchase of equity with debt and forces students to decide whether leverage creates value and, if so, under what circumstances. Data in the case encourage students to measure the impact on the stock market of increases in leverage.
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Industry: